Teijin breaks ground on carbon-fiber facility in South Carolina

URLhttps://www.plasticstoday.com/automotive-and-mobil
SourcePlastics Today
Date Published06/04/2018
Author Name Clare Goldsberry
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Teijin Carbon Fibers Inc.
Parent companyTeijin
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):220
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2030
Domestically, the work will be done:In-house
Capital investment ($):600
Country(ies) from which reshored:Japan
City reshored to:Greenwood
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredcarbon fiber
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D)
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