Company/Division name | Toyota |
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): | 4000 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
$/year of sales of reshored product or service: | 1300 |
Country(ies) from which reshored: | Japan |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Electric Vehicles |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Trump |