Company/Division name | iwis-Daido LLC |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 37 |
Year reshoring announced: | 2021 |
Capital investment ($): | 2.7 |
Country(ies) from which reshored: | Germany,Japan |
City reshored to: | Murray |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | automotive engine chains |
What non-domestic negative factors made offshoring less attractive? | Total cost |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Eco-system synergies, Government Incentives, Proximity to customers/market, Under-utilized capacity |
Government Incentive dollar amount: | $370,000 |