JTEKT North America Expands West Union, South Carolina, Plant

SourceArea Development
Date Published05/18/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Koyo Bearings
Parent companyJTEKT North America
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):56
Capital investment ($):19.4
Country(ies) from which reshored:Japan
City reshored to:West Union
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredbearings for autos
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training, Under-utilized capacity
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