Toyota Subsidiary Invests $55 Million in Facility Expansion to Accelerate EV Production

URLhttps://www.thomasnet.com/insights/toyota-subsidia
SourceThomas Insights
Date Published09/28/2021
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name AISIN Drivetrain Inc.
Parent companyToyota
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):141
Year reshoring announced:2021
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) reshoredelectric water pumps
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$1.4 million
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