Company/Division name | Pohang Iron and Steel Company (POSCO) |
Parent company | Pohang Iron and Steel Company (POSCO) |
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): | 60 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2018 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Jeffersonville |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | fasteners, bolts, nuts |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure (transport, internet, power), Proximity to customers/market |