Daikin invests $40.3m in new factory

SourceCooling Post
Date Published09/02/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Daikin Applied Americas
Parent companyDaikin Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):132
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2019
Capital investment ($):40.3
Country(ies) from which reshored:Japan
City reshored to:Faribault
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredAir conditioners
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:2350000
Find Reshoring Articles