Governor Bentley Comments on Toyota Motor Manufacturing Alabama Expansion Announcement

URLhttps://votesmart.org/public-statement/694427/gove
SourcePublic Statement
Date Published05/17/2012
Author NameRobert Bentley
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota Alabama
Parent companyToyota Motor Corporation
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):125
Year reshoring announced:2012
Year reshoring implemented or to be implemented:2014
Capital investment ($):80
Country(ies) from which reshored:Japan
City reshored to:Huntsville
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredengine production
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Lead time/Time to market, Proximity to customers/market
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