U.S. Secretary of Energy and Officials Celebrate New NOVONIX Facility in Tennessee

Date Published11/22/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NOVONIX
Parent companyNOVONIX
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):160
Country(ies) from which reshored:Australia
City reshored to:Chattanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredLithium-ion batteries, electric vehicle industry
What domestic positive factors made reshoring more attractive?Government Incentives, Other
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