South Korea-Based Duksan Electera America Plans Shelbyville, Tennessee, North American Facility

URLhttps://www.areadevelopment.com/newsItems/7-29-202
SourceArea Development
Date Published07/29/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Duksan Electera
Parent companyDuksan Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):101
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2027
Capital investment ($):96
Country(ies) from which reshored:Korea, Republic of
City reshored to:Shelbyville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredelectrolytes for batteries
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Skilled workforce availability/training
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