Japan-Based Nidec Industrial Solutions Opens U.S. Plant in Cleveland, Ohio

URLhttps://www.areadevelopment.com/newsItems/8-25-202
SourceArea Development
Date Published08/25/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nidec Industrial Solutions
Parent companyNidec Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):130
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):12
Country(ies) from which reshored:Japan
City reshored to:Cleveland
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredelectronics
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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