South Korean Auto Supplier Investing $5M In Alabama Expansion

URLhttps://businessfacilities.com/2020/03/south-korea
SourceBusiness Facilities
Date Published03/13/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Seoyon E-Hwa Interior Systems Alabama
Parent companySeoyon E-Hwa Interior System
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):60
Year reshoring announced:2020
Capital investment ($):5
Country(ies) from which reshored:Korea, Republic of
City reshored to:Selma
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredmolded plastic interior trim
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market
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