Company/Division name | Samsung Electronics America |
Parent company | Samsung Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1000 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2020 |
Capital investment ($): | 380 |
Country(ies) from which reshored: | Hong Kong |
City reshored to: | Newberry County |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | washing machines |
What non-domestic negative factors made offshoring less attractive? | Tariffs |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives |