$87 million investment will expand Tonawanda tire plant

URLhttp://buffalonews.com/2016/12/13/ready-roll-sumit
Sourcebuffalonews.com
Date Published12/13/2016
Author NameMatt Glynn
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sumitomo Rubber USA
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):1400
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2017
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):87
Country(ies) from which reshored:Japan
City reshored to:Tonawanda
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredTires
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Lead time/Time to market, Skilled workforce availability/training
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