Company/Division name | Toyota Motor Manufacturing Indiana Inc. |
Parent company | Toyota Motor Corporation |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1400 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 803 |
Country(ies) from which reshored: | Japan |
City reshored to: | Princeton |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | electrified SUVs, Lexus SUVs |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Under-utilized capacity |