Shinhwa Auto USA Corporation to grow operation in Auburn

URLhttps://news.auburnalabama.org/article/Economic%20
Sourcehttps://news.auburnalabama.org
Date Published11/15/2021
Author NameDavid D. Dorton
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Shinhwa U.S. Auto Corp.
Parent companyShinhwa Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):48
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):40
Country(ies) from which reshored:Korea, Republic of
City reshored to:Auburn
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products
Product(s) reshoredHigh-pressure die casting
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