Mercedes opens a battery plant in Alabama, part of a Southern wave

URLhttps://www.nytimes.com/2022/03/16/business/energy
SourceNew York Times
Date Published03/16/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mercedes Benz
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):600
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):1000
Country(ies) from which reshored:Germany
City reshored to:Woodstock
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredEV batteries
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?, Russia/Ukraine war
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