URL | https://finance.yahoo.com/news/forsee-power-establ |
Source | Yahoo! finance |
Date Published | 06/27/2022 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Forsee Power |
Parent company | Forsee Power SAS |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 150 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2027 |
Capital investment ($): | 13.5 |
Country(ies) from which reshored: | France |
City reshored to: | Hilliard |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | EV batteries |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, Other, supply chain |