Aisin AW to boost manufacturing capacity of Automatic Transmissions in the US

URLhttps://www.automotivepurchasingandsupplychain.com
Sourcewww.automotivepurchasingandsupplychain.com
Date Published04/28/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Aisin USA Manufacturing
Parent companyAisin AW Co., Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):900
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):400
Country(ies) from which reshored:Japan
City reshored to:Durham
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredautomatic transmissions and hybrid transmissions
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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