Company/Division name | Triangle Tire USA |
Parent company | Triangle Tyre Co. Ltd. |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 580 |
Country(ies) from which reshored: | China |
City reshored to: | Tarboro |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | tires |
What non-domestic negative factors made offshoring less attractive? | Freight cost, Tariffs, Total cost |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Lead time/Time to market, Proximity to customers/market |