Forsee Power to establish North American headquarters and battery systems gigafactory in the Columbus Region

SourceYahoo! finance
Date Published06/27/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Forsee Power
Parent companyForsee 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) reshoredEV 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
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