Company/Division name | Nokian |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 400 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 360 |
Country(ies) from which reshored: | Finland |
City reshored to: | Dayton |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
Product(s) reshored | passenger, SUV and light truck tires |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure (transport, internet, power), Impact on domestic economy, Skilled workforce availability/training |
Government Incentive dollar amount: | $28.4 million |