Tire Makers are Rolling In

URLhttps://www.autonews.com/suppliers/tire-makers-are
SourceAutomotive News
Date Published04/13/2019
Author NameStephanie Mcgavin
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nokian Tyres
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Domestically, the work will be done:In-house
Capital investment ($):360
Country(ies) from which reshored:Finland
City reshored to:Dayton
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredtires
What non-domestic negative factors made offshoring less attractive?Freight cost
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Raw Materials Cost
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