Weastec, Inc. Invests $3 Million for New Research, Development and Testing in Ohio

SourceJobs Ohio
Date Published06/21/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Weastec, Inc
Parent companyTOYODENSO Co., Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):20
Year reshoring announced:2018
Capital investment ($):3
Country(ies) from which reshored:Japan
City reshored to:Dublin
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectronic components for automobiles
What domestic positive factors made reshoring more attractive?Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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