Fact Sheet --The White House -- Swiss Foreign Direct Investment in the United States

SourceU.S. Department of Commerce
Date Published01/13/2015
Author NameOffice of Public Affairs
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Alevo
Type of work Manufacturing
Reshoring category:Transplant
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2015
Domestically, the work will be done:In-house
Country(ies) from which reshored:Switzerland
City reshored to:Concord
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment/Appliances/Components, Energy, Other, Utility-sized batteries
Product(s) reshored Lithium-iron-phosphate batteries
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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