BUSINESSKorean Automotive Manufacturer Duckyang to Open Company’s First U.S. Facility in Georgia

URLhttps://allongeorgia.com/georgia-business/korean-a
SourceAllOnGeorgia
Date Published05/21/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Duckyang Ind. Co. Ltd.
Parent companyVisteon International Holdings, Inc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):285
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):10
Country(ies) from which reshored:Korea, Republic of
City reshored to:Braselton
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment, automotive
Product(s) reshoredcockpit modules, electric vehicle parts
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
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