Company/Division name | Giti Tire |
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): | 5000 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2018 |
Capital investment ($): | 560 |
$/year of sales of reshored product or service: | 1200 |
Country(ies) from which reshored: | Singapore |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products |
What domestic positive factors made reshoring more attractive? | Automation/technology, Eco-system synergies, Government Incentives, Image/brand (customer preference for U.S. made), Skilled workforce availability/training, Walmart |