TPAM Opens Toledo, Ohio Plant

URLhttp://www.areadevelopment.com/newsItems/9-12-2018
SourceArea Development
Date Published09/12/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TPAM
Parent companyTopia
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):30
Year reshoring implemented or to be implemented:2018
Capital investment ($):4
Country(ies) from which reshored:Japan
City reshored to:Toledo
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomobile prototypes
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Government Incentives, Higher productivity, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
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