Company/Division name | Nidec |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 455 |
Country(ies) from which reshored: | Japan |
State(s) reshored to: | Mexico |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | traction motors, EV motors, electric powertrains |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market |