NAGOYA, Japan -- Water heater manufacturer Rinnai aims to open its first U.S. plant, as the company shifts toward local manufacturing in order to meet rising demand.
Rinnai exports many of the water heaters it sells in the U.S. from Japan and may be worried about the possibility of trade friction with the administration of President Donald Trump. The Nagoya-based company will decide on the U.S. plant's location and resolve other details this year, aiming to start production there in 2018 or 2019.
