Samsung kicks off US production of home appliances

Date Published01/15/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Samsung
Parent companySamsung Group
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):1000
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Capital investment ($):380
Country(ies) from which reshored:Korea, Republic of
City reshored to:Newberry
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredwashing machine components
What domestic positive factors made reshoring more attractive?Infrastructure (transport, internet, power), Impact on domestic economy, Skilled workforce availability/training
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