Finland-Based Kempower Plans Durham County, North Carolina, Manufacturing Center

URLhttps://www.areadevelopment.com/newsItems/2-7-2023
SourceArea Development
Date Published02/07/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kempower Inc
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2023
Capital investment ($):41
Country(ies) from which reshored:Finland
City reshored to:Durham County
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredfast charging station units
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:3
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