VW to offer Giti’s S.C.-made tires as original equipment fitments

URLhttp://columbiabusinessreport.com/news/manufacturi
Sourcecolumbiabusinessreport.com
Date Published06/19/2017
Author NameChuck Crumbo
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredtires
What domestic positive factors made reshoring more attractive?Infrastructure (transport, internet, power), Image/brand (customer preference for U.S. made)
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