BKT Shares Plans for New $100M U.S. Plant

Date Published11/07/2018
Author NamePatti Hoying
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BKT Tires
Parent companyBalkrishna Industries
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2021
Capital investment ($):100
Country(ies) from which reshored:India
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredtires
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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