BYTON Opens North American Headquarters

URLhttp://markets.businessinsider.com/news/stocks/BYT
SourceMarkets Insider
Date Published12/01/2017
Author NamePR
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Byton
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):320
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2018
Country(ies) from which reshored:China
City reshored to:Silicon Valley
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredElectric vehicle intelligence
What domestic positive factors made reshoring more attractive?Higher productivity, Proximity to customers/market
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