Toyota announces $461 million investment in Kentucky plant

URLhttps://apnews.com/article/technology-business-ken
SourceAP News
Date Published10/29/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota - KY
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Domestically, the work will be done:In-house
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) reshored2.4-liter turbo engine
What domestic positive factors made reshoring more attractive?Automation/technology
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