Japan-Based NTK Precision Axle Corporation Plans Manufacturing Plant In Anderson, Indiana

URLhttp://www.areadevelopment.com/newsItems/3-3-2017/
Source
Date Published03/03/2017
Author NameN/A
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NTK Precision Axle Corp.
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2021
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):100
Country(ies) from which reshored:Japan
City reshored to:Anderson
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredconstant velocity joint axles
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:1000000
Find Reshoring Articles