Honda readies area plant for $200M investment as it faces down parts shortage

SourceSpringfield News-Sun
Date Published01/11/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Honda
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):200
Country(ies) from which reshored:Japan
City reshored to:Anna
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredcar engines
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount: $2.8 million
Find Reshoring Articles