South Korea-Based Mobis US Alabama Opens Operations Plant in McCalla, Alabama

URLhttps://www.areadevelopment.com/newsItems/11-6-202
SourceArea Development
Date Published11/06/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mobis US Alabama
Parent companyHyundai Mobis
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):15.8
Country(ies) from which reshored:Korea, Republic of
City reshored to:McCalla
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto body parts
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
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