Kontrolmatik, Eaton announce energy storage battery and system factories in US and Europe

URLhttps://www.energy-storage.news/kontrolmatik-eaton
Sourcehttps://www.energy-storage.news
Date Published04/13/2022
Author NameAndy Colthorpe
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kontrolmatik Technology
Parent companyKontrolmatik Technology
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Country(ies) from which reshored:Turkey
City reshored to:McLean
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Grid-scale battery energy storage
Product(s) reshoredlithium iron phosphate (LFP) battery
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Other, Soaring market demand
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