Alabama Provides $1M Grant to Support New Graphite Processing Plant

URLhttps://www.powderbulksolids.com/mining-metals/ala
Sourcehttps://www.powderbulksolids.com/
Date Published02/04/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Alabama Graphite Products LLC
Parent companyAlabama Graphite Corp.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):202
City reshored to:Kellyton
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredLithium-ion battery
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$1 millio
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