Honda to invest $45M, create 250 jobs in expansion of Timmonsville plant

URLhttp://www.columbiabusinessreport.com/news/manufac
SourceColumbia Business Report
Date Published08/26/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Honda of South Carolina
Parent companyHonda
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):250
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2019
Domestically, the work will be done:In-house
Capital investment ($):45
Country(ies) from which reshored:Japan
City reshored to:Timmonsville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Hobbies (subset of Miscelaneous), Transportation Equipment
Product(s) reshoredall-terrain and side-by-side vehicles
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Skilled workforce availability/training
Government Incentive dollar amount:job development credits
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