Company/Division name | Honda Power Equipment Mfg., Inc. |
Parent company | Honda Motor Company, Ltd. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2019 |
Capital investment ($): | 46.4 |
Country(ies) from which reshored: | Japan |
City reshored to: | Swepsonville |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | outdoor power equip. and general-purpose engines |
What domestic positive factors made reshoring more attractive? | Automation/technology, Proximity to customers/market, Other, expansion of current production |