Suppliers to invest $11 million, add 81 jobs in Oakland County

Date Published01/24/2018
Author NameTyler Clifford
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Orotex
Parent companyIida Industry Co, Ltd
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Capital investment ($):10.3
Country(ies) from which reshored:Japan
City reshored to:Novi
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredsoundproofing and vibration systems for autos
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure (transport, internet, power), Proximity to customers/market
Government Incentive dollar amount:.25
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