Advanced Nano to build first U.S. facility in E’town

SourceThe News Enterprise
Date Published08/26/2022
Author NameSeth Dukes
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Advanced Nano Products USA Inc.
Parent companyAdvanced Nano Products Co Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):93
Year reshoring announced:2022
Capital investment ($):49.6
Country(ies) from which reshored:Korea, Republic of
City reshored to:Elizabethtown
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredcarbon battery nanomaterials
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Raw Materials Cost
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