Michigan Lures $1.6 Billion Battery Factory in Fight for EV Jobs

Date Published10/05/2022
Author NameGabrielle Coppola
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gotion High tech Co Ltd
Parent companyGotion High tech Co Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2350
Year reshoring announced:2022
Capital investment ($):2400
Country(ies) from which reshored:China
City reshored to:Big Rapids
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery
Government Incentive dollar amount:$175 M grants, $540 million zoning designation
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