Hino Celebrates Grand Opening of New Manufacturing Facility

SourceYahoo Finance
Date Published09/21/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hino Motors Manufacturing USA, Inc.
Parent company Hino Motors, Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):250
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2019
Capital investment ($):40
Country(ies) from which reshored:Japan
City reshored to:Mineral Wells
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredmotors
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Infrastructure, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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