Tennessee Factory Adding Hundreds of Jobs to Meet 'Unprecedented U.S. Demand' for LG Washing Machines

URLhttps://www.thomasnet.com/insights/tennessee-facto
SourceThomasnet
Date Published05/07/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name LG Appliance
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):334
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):20
Country(ies) from which reshored:Korea, Republic of
City reshored to:Clarksville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredwashing machines
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Skilled workforce availability/training, growing demand
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