LG Energy Solution picks Queen Creek for battery manufacturing facility

Date Published04/20/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name LG Energy Solution
Parent companyLG Energy Solution
Type of work Manufacturing
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:2024
Domestically, the work will be done:In-house
Capital investment ($):1400
Country(ies) from which reshored:Korea, Republic of
City reshored to:Queen Creek
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Hobbies (subset of Miscelaneous), Miscellaneous – subset non Hobbies
Product(s) reshoredcylindrical-type batteries for EV
What domestic positive factors made reshoring more attractive?Automation/technology, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity, Other, Quality of life
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