Trump Has China's Volvo to Thank for Lone New U.S. Car Plant

URLhttps://www.bloomberg.com/politics/articles/2017-0
Sourcebloomberg.com
Date Published04/10/2017
Author NameJamie Butters
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volvo
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2000
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):500
Country(ies) from which reshored:Sweden
City reshored to:Charleston
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomobiles and parts
What non-domestic negative factors made offshoring less attractive?Social/ethical concerns
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