Company/Division name | YKT Alabama |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 650 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 220 |
Country(ies) from which reshored: | Japan |
City reshored to: | Huntsville |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | structural body stampings and assemblies, parts |
What domestic positive factors made reshoring more attractive? | Eco-system synergies |