Company/Division name | Ascend Elements |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 960 |
City reshored to: | Hopkinsville |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | lithium ion batteries, recycle cathode materials |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure Act, Biden |
Government Incentive dollar amount: | $480 million from DOE |