Company/Division name | LG Electronics |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 292 |
Year reshoring announced: | 2017 |
Capital investment ($): | 25 |
City reshored to: | Hazel Park/Troy |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Electrical components for cars |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives |
Government Incentive dollar amount: | 2900000 |