Canadian company sets up shop on Iron Range to make solar panels

SourceStar Tribune
Date Published06/28/2019
Author NameTom Latek
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Central Motor Wheel Co. Ltd
Parent companyToyota Tsusho Corp
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):145
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2021
Capital investment ($):110
Country(ies) from which reshored:Japan
City reshored to:Paris
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredsteel wheels
What domestic positive factors made reshoring more attractive?Government Incentives
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