Supplier to expand state plant

URLhttp://www.journalgazette.net/business/20181021/su
SourceThe Journal Gazette
Date Published10/21/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NTN Driveshaft
Parent companyNTN Group
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2023
Capital investment ($):90
Country(ies) from which reshored:Japan
City reshored to:Columbus
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto bearings, driveshaft
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market
Government Incentive dollar amount:.75
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