Toyota-owned company plans $8M plant in Westfield

URLhttps://www.indystar.com/story/news/local/hamilton
SourceIndy Star
Date Published10/16/2017
Author NameChris Sikich
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bastian 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:2020
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):Machinery
Product(s) reshoredConveyor Systems
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure (transport, internet, power), Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$1,000,000 conditional tax credits, $88,750 grants
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