Company/Division name | Hyundai Mobis |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Reshoring |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Guanajuato |
State(s) reshored to: | Mexico |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products, Transportation Equipment, vehicle assembly |
Product(s) reshored | exterior car parts |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability , Tariffs |
What domestic positive factors made reshoring more attractive? | , Tariffs, Trump |