URL | https://www.cnbc.com/2022/12/02/gm-lg-investing-27 |
Source | CNBC |
Date Published | 12/02/2022 |
Author Name | Michael Wayland |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | GM |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 275 |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | battery cells, EV battery |
What domestic positive factors made reshoring more attractive? | Automation/technology |