Company/Division name | LG Electronics |
Parent company | LG Electronics |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 160 |
Year reshoring announced: | 2018 |
Capital investment ($): | 28 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Huntsville |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | solar modules |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Infrastructure, Image/brand, Impact on domestic economy, Lead time/Time to market |