Japanese Motor Maker Expands in Tennessee

URLhttps://news.thomasnet.com/featured/japanese-motor
SourceThomasnet
Date Published06/21/2018
Author NameJeff Reinke
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nidec Motor Corporation
Parent companyNidec
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2018
Capital investment ($):18
Country(ies) from which reshored:Japan
City reshored to:Lexington
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric motor
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Under-utilized capacity
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