Honda Invests $46 Million to Expand Power Equipment Plant in North Carolina

SourceYahoo Finance
Date Published08/06/2019
Author NamePR Newswire
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Honda Power Equipment Mfg., Inc.
Parent companyHonda Motor Company, Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Capital investment ($):46.4
Country(ies) from which reshored:Japan
City reshored to:Swepsonville
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredoutdoor power equip. and general-purpose engines
What domestic positive factors made reshoring more attractive?Automation/technology, Proximity to customers/market, Other, expansion of current production
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