Company/Division name | Auto Parts Manufacturing Mississippi |
Parent company | Toyota Motor Company |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 450 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2018 |
Capital investment ($): | 100 |
Country(ies) from which reshored: | Japan |
City reshored to: | Blue Springs |
State(s) reshored to: | MS |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Auto parts |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Impact on domestic economy, Lead time/Time to market, Skilled workforce availability/training |
Government Incentive dollar amount: | Ad valorem tax exemptions |