CHINESE WHEEL MANUFACTURER INVESTING $31.3M

URLhttps://www.buildingindiana.com/chinese-wheel-manu
SourceBuilding Indiana Business
Date Published10/24/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Jingu North America Corporation
Parent companythe Jingu Group
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):80
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):31.333
Country(ies) from which reshored:China
City reshored to:Plymouth
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Transportation Equipment
Product(s) reshoredsteel OEM wheels, steel wheels, wheels for cars
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
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