Hyundai supplier will bring 130 jobs to Montgomery

URLhttp://www.montgomeryadvertiser.com/story/news/201
SourceMontgomery Advertiser
Date Published11/30/2017
Author NameBrad Harper
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Guyoung Tech USA
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):130
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):7.5
Country(ies) from which reshored:Korea, Republic of
City reshored to:Montgomery
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomotive seating components
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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