Company/Division name | Samsung |
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): | 950 |
Year reshoring announced: | 2017 |
Capital investment ($): | 380 |
Country(ies) from which reshored: | Korea, Republic of |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Washing machines |
What domestic positive factors made reshoring more attractive? | Government Incentives, Under-utilized capacity |