Samsung to Shift Some Production of Home Appliances to U.S.
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Samsung Electronics Co. is in preliminary talks to expand its manufacturing operations in the U.S. with a new facility for home appliances.
The Suwon, South Korea-based technology giant expects to spend at least $300 million on the project and is discussing the plans with at least five states, the Wall Street Journal reported, citing unnamed sources. The shift may involve moving some of the production of oven ranges to the U.S. from Mexico and could generate about 500 jobs, according to the Journal.