mail Bastian Solutions Investing $8M In Fifth Indiana Facility

URLhttps://businessfacilities.com/2017/10/bastian-sol
SourceBusiness Facilities
Date Published10/16/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bastion Solutions
Parent companyToyota Industries Corporation
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):87
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):8
Country(ies) from which reshored:Japan
City reshored to:Westfield
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredToyota auto parts
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives
Government Incentive dollar amount:$1,000,000 conditional tax credits, $88,750 grants
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