Company/Division name | Hyundai Motor America |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Montgomery |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | 2022 Tucson |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Proximity to customers/market |