Company/Division name | HIROTEC America, Inc. |
Parent company | HIROTEC Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2020 |
Capital investment ($): | 40 |
Country(ies) from which reshored: | Japan |
City reshored to: | Fayetteville |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | automotive manufacturing supplies |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Skilled workforce availability/training |