Settle: Clarksville and Tennessee Winning the Battle for 'Reshored' Jobs

URLhttp://www.theleafchronicle.com/story/marketplace/
SourceThe Leaf-Chronicle
Date Published07/12/2017
Author NameJimmy Settle
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name LG Electronics
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):600
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2019
Domestically, the work will be done:In-house
Capital investment ($):250
Country(ies) from which reshored:Korea, Republic of
City reshored to:Clarksville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredHousehold Appliances
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure (transport, internet, power), Proximity to customers/market
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