Company/Division name | SF Motors |
Parent company | Chongqing Sokon Industry Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 467 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2020 |
Capital investment ($): | 160 |
Country(ies) from which reshored: | China |
City reshored to: | Mishawaka |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Electric vehicles |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Image/brand, Impact on domestic economy, Labor concessions, Skilled workforce availability/training, Under-utilized capacity |
Government Incentive dollar amount: | $4.3 million |