Battery Maker Announces $40 Million North Carolina Plant

URLhttps://www.thomasnet.com/insights/battery-maker-a
SourceTHOMAS
Date Published09/20/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sunlight Batteries USA
Parent companySunlight Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):130
Year reshoring announced:2022
Capital investment ($):40
Country(ies) from which reshored:Greece
City reshored to:Mebane
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlead-acid and lithium-ion batteries
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:state tax rebate of more than $1.2 million
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