Toyota moves production to U.S. due to currency values

URLhttp://www.tradereform.org/2012/02/toyota-moves-pr
SourceTrade Reform
Date Published02/10/2012
Author NameEllen Croibier
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):4000
Year reshoring announced:2012
Year reshoring implemented or to be implemented:2013
Capital investment ($):400
Country(ies) from which reshored:Japan
City reshored to:Princeton
State(s) reshored to:IN
Industry(ies):Transportation Equipment
Product(s) reshoredHighlander SUV
What non-domestic negative factors made offshoring less attractive?Currency variation, Lead time/time to market, Supply chain interruption risk
What domestic positive factors made reshoring more attractive?Government Incentives, "US market conditions"
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