Samsung building $62.7 million manufacturing facility in Auburn Hills, creating 461 jobs

SourceThe Oakland Press
Date Published11/27/2018
Author NameMark Cavitt
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Samsung SDI America
Parent companySamsung SDI Co., Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):461
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2024
Capital investment ($):62.7
Country(ies) from which reshored:Korea, Republic of
City reshored to:Auburn Hills
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredauto battery packs
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Proximity to customers/market, Under-utilized capacity
Government Incentive dollar amount:10
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