Company/Division name | Syrah Resources |
Parent company | Syrah Resources |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 98 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2040 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 107 |
Country(ies) from which reshored: | Australia |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | electric vehicle battery parts; graphite anodes |
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? | Government Incentives |
Government Incentive dollar amount: | U.S. Department of Energy is lending $107 million |