LG Electronics to build $250 million home appliance plant in U.S.

Date Published02/28/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name LG Electronics
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):600
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2019
Capital investment ($):250
Country(ies) from which reshored:Korea, Democratic People's Republic of
City reshored to:Clarkesville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredwashing machines
What domestic positive factors made reshoring more attractive?Government Incentives, Trump?
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