Auto supplier YKTA to create 650 jobs at $220M Alabama plant

URLhttp://www.madeinalabama.com/2019/05/auto-supplier
Sourcemadeinalabama.com
Date Published05/22/2019
Author NameJerry Underwood
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredstructural body stampings and assemblies, parts
What domestic positive factors made reshoring more attractive?Eco-system synergies
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