Company/Division name | Gotion High Tech |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 2360 |
Country(ies) from which reshored: | China |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Transportation Equipment |
Product(s) reshored | EV batteries |
What domestic positive factors made reshoring more attractive? | Government Incentives, Inflation Reduction Act |
Government Incentive dollar amount: | $715 million |