Chinese Tiremaker Picks North Carolina Site For Major Plant

Date Published12/19/2017
Author NameEmery P. Dalesio
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Triangle Tire
Parent companyTriangle Tyre Co. Ltd.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):800
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):580
Country(ies) from which reshored:China
City reshored to:Edgecombe County
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredautomotive tires
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure (transport, internet, power), Skilled workforce availability/training, Other, open space and near similar industries
Government Incentive dollar amount:152
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