Nippon Paint to Open $60M Production Facility in U.S.

URLhttps://www.powderbulksolids.com/news/Nippon-Paint
SourcePowder & Bulk Solids
Date Published09/25/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nippon Paint (USA) Inc.
Parent companyNippon Paint Holdings Co. Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):60
Country(ies) from which reshored:Japan
City reshored to:Chatanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Chemicals, Transportation Equipment, automotive
Product(s) reshoredautomotive electrocoat (E-Coat)
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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