TOPY America Completes $38 Million Expansion at Frankfort, Kentucky, Manufacturing Plant

SourceArea Development
Date Published10/21/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TOPY America Inc.
Parent companyTOPY Industries, Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):38
Country(ies) from which reshored:Japan
City reshored to:Frankfort
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings), passenger cars, light truck markets
Product(s) reshoredfull-face wheels, bead seat steel road wheels
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Skilled workforce availability/training, Under-utilized capacity
Government Incentive dollar amount:$1.75 million
Find Reshoring Articles