Industrial Minerals Company Investing $176 Million in Battery Materials Plant

URLhttps://www.thomasnet.com/insights/industrial-mine
SourceThomasnet
Date Published03/11/2022
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Syrah Technologies
Parent companySyrah Resources
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):36
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):176
City reshored to:Vidalia
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredgraphite processing
What domestic positive factors made reshoring more attractive?Eco-system synergies, Impact on domestic economy, Lean/other business process improvement techniques, Proximity to customers/market
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