Company/Division name | Ultium Cells |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
City reshored to: | Youngstown |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | battery for electric vehicle |
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, Other, $2.5 billion conditional loan from the U.S. Depart |