California Solar Energy Firm to Open $11 Million Factory

URLhttps://www.thomasnet.com/insights/california-sola
Sourcehttps://www.thomasnet.com/
Date Published12/01/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Infinity Energy
Parent companyInfinity Energy
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):570
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):11
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredSolar energy
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount: $2.5 million state tax credit
Find Reshoring Articles