Toyota takes stake in Mazda, links up for $1.6 billion U.S. plant

URLhttps://www.reuters.com/article/us-toyota-mazda-id
SourceReuters
Date Published08/04/2017
Author NameNaomi Tajitsu and Sam Nussey
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredElectric Vehicles
What domestic positive factors made reshoring more attractive?Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Trump
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