Company/Division name | Stellantis |
Parent company | Samsung Group |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 1400 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 2500 |
City reshored to: | Kokomo |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | ev batteries |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |