International Manufacturers Drive Growth In Indiana

URLhttps://businessfacilities.com/2021/09/internation
SourceBusiness Facilities
Date Published09/16/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name AISIN Drivetrain Inc.
Parent companyAisin Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):141
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):55
Country(ies) from which reshored:Japan
City reshored to:Crothersville
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredauto parts
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$1.4 million in incentive-based tax credits
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