Company/Division name | Giti Tire |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1700 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2015 |
Year reshoring implemented or to be implemented: | 2017 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 560 |
Country(ies) from which reshored: | Singapore |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | tires |
What domestic positive factors made reshoring more attractive? | Infrastructure (transport, internet, power), Image/brand (customer preference for U.S. made) |