Mazda and Toyota establish joint-venture company 'Mazda Toyota Manufacturing USA Inc.'

URLhttps://www.automotiveworld.com/news-releases/mazd
SourceAutomotive World
Date Published03/09/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mazda Toyota Manufacturing USA Inc.
Parent companyMazda, Toyota
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):4000
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2021
Capital investment ($):1600
Country(ies) from which reshored:Japan
City reshored to:Huntsville
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredMazda crossover, Toyota Corolla
What domestic positive factors made reshoring more attractive?Higher productivity, Proximity to customers/market
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