Company/Division name | Toyota Boshoku America |
Parent company | Toyota Boshoku Corp |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 400 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2021 |
Capital investment ($): | 50 |
Country(ies) from which reshored: | Japan |
City reshored to: | Athens |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | automotive supplier |
What domestic positive factors made reshoring more attractive? | Automation/technology, Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market |