Company/Division name | Toyota Motor Manufacturing Kentucky, Inc. |
Parent company | Toyota Motor Corporation |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 461 |
Country(ies) from which reshored: | Japan |
City reshored to: | Georgetown |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | Camry Hybrid, RAV4 Hybrid, fuel cell modules |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training |