Company/Division name | Toyota North America |
Parent company | Toyota Motor Corporation |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 210 |
Country(ies) from which reshored: | Japan |
City reshored to: | Buffalo |
State(s) reshored to: | WV |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | four-cylinder RAV 4 engines, six-cylinder engines |
What domestic positive factors made reshoring more attractive? | Impact on domestic economy, Lead time/Time to market, Under-utilized capacity |