South Korea-Based Mando America Corp Expands Opelika, Alabama, Manufacturing Plant

URLhttp://www.areadevelopment.com/newsitems/4-6-2016/
SourceArea Development
Date Published04/06/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mando America
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):32
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):19
Country(ies) from which reshored:Korea, Republic of
City reshored to:Opelika
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredBrake Parts, Suspension Modules, Steering Systems
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market
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