South Korean automotive company picks Harris County for first U.S. manufacturing facility

URLhttps://www.ledger-enquirer.com/news/business/arti
SourceLedger Enquirer
Date Published12/14/2020
Author NameJoshua Mixon
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name JinTech
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Domestically, the work will be done:In-house
Capital investment ($):4.5
Country(ies) from which reshored:Korea, Republic of
City reshored to:West Point
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredinterior motor vehicle parts and accessories
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market
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