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) reshored | tires |
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 |