Company/Division name | Next Energy |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 2112 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 1600 |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | lithium-iron phosphate batteries |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives |
Government Incentive dollar amount: | $200 M grant,$36 million loans and tax exemptions |