Tiremaker Nokian to build $360 million plant in Tennessee

URLhttp://www.cbsnews.com/news/tiremaker-nokian-to-bu
Sourcecbsnews,com
Date Published05/03/2017
Author NameN/A
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nokian
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2020
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):360
Country(ies) from which reshored:Finland
City reshored to:Dayton
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredTires
What domestic positive factors made reshoring more attractive?Government Incentives
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