Sumitomo Demag begins phase one of US expansion plan

URLhttps://www.plasticsnews.com/article/20190204/NEWS
Sourceplasticsnews.com
Date Published02/04/2019
Author NameAudrey LaForest
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sumitomo Demag Plastics Machinery N. America, Inc.
Parent companySumimoto Heavy Industries, Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):30
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2019
Capital investment ($):800,000
Country(ies) from which reshored:Japan
City reshored to:Suwanee
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredinjection molding machinery
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Lead time/Time to market, Proximity to customers/market
Find Reshoring Articles