Hyundai Power Transformers to Expand in Alabama with 86 New Jobs

URLhttp://www.madeinalabama.com/2018/04/hyundai-power
SourceMade in Alabama
Date Published04/17/2018
Author NameJerry Underwood
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hyundai Power Transformers USA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):86
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):33
Country(ies) from which reshored:Korea, Republic of
City reshored to:Montgomery
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredPower Transformers
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Skilled workforce availability/training
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