Company/Division name | Toyota |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 4000 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2017 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1,600 |
Country(ies) from which reshored: | Japan |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | automobiles |
What non-domestic negative factors made offshoring less attractive? | Tariffs |
What domestic positive factors made reshoring more attractive? | Image/brand (customer preference for U.S. made), Impact on domestic economy |