MITRA CHEM ANNOUNCES SHIPMENT OF FIRST LAB TESTED AND APPROVED U.S. MADE LITHIUM IRON PHOSPHATE ("LFP") CATHODE SAMPLES TO TIER 1 GLOBAL BATTERY CELL MANUFACTURER

URLhttps://www.prnewswire.com/news-releases/mitra-che
SourcePR Newswire
Date Published09/16/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mitra Chem
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Mountain View
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment, EV
Product(s) reshoredLFP cathodes
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Inflation Reduction Act
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