Company/Division name | IHI Turbo America |
Parent company | IHI |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 90 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2022 |
Capital investment ($): | 40 |
Country(ies) from which reshored: | Japan |
City reshored to: | Shelbyville |
State(s) reshored to: | IL |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | turbochargers |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Image/brand, Skilled workforce availability/training |
Government Incentive dollar amount: | 2 |