Auto parts maker DAE-IL breaks ground on 120-job facility in Murray

URLhttps://www.lanereport.com/103531/2018/07/auto-par
SourceThe Lane Report
Date Published07/23/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name DAE-IL Corporation
Parent companyDAE-IL Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2019
Capital investment ($):50
Country(ies) from which reshored:Korea, Republic of
City reshored to:Frankfort
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomotive trasmissione gears
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:3000000
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