Toyota Motor (TM) to exceed pledge to invest $10 billion in U.S. over five years with new commitment to reach nearly $13 billion

URLhttps://www.streetinsider.com/Corporate+News/Toyot
SourceStreet Insider.com
Date Published03/14/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota Motor Manufacturing
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):123
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):111
Country(ies) from which reshored:Japan
City reshored to:Buffalo
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredhybrid transaxles
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