Auto Parts Maker Announces $58 Million Indiana Expansion

Date Published02/26/2020
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NTN Driveshaft
Parent companyNTN Group
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):140
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2023
Capital investment ($):58
Country(ies) from which reshored:Japan
City reshored to:Anderson
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoreddriveshafts
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market
Government Incentive dollar amount:2
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