Giti's U.S. plant begins production in S.C.

URLhttp://www.rubbernews.com/article/20171023/NEWS/17
SourceRubber News
Date Published10/23/2017
Author NameBruce Davis
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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
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