Factory Update: 3 Major Investments in U.S. Manufacturing

Date Published08/15/2016
Author NameIan Wright
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sumitomo Rubber North America
Parent companySumitomo Rubber Industries, Ltd.
Type of work Manufacturing
Reshoring category:Transplant
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2019
Capital investment ($):87
Country(ies) from which reshored:Japan,Thailand
City reshored to:Buffalo
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products, Transportation Equipment
Product(s) reshoredFalken brand tires for SUVs, passenger cars
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Proximity to customers/market
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