Ultium Cells To Invest $275 Million To Expand Battery Cell Manufacturing Plant In Spring Hill

URLhttps://www.chattanoogan.com/2022/12/2/460331/Ulti
SourceChattanoogan.com
Date Published12/02/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ultium Cells LLC
Parent companyLG Energy Solution and General Motors
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):400
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Capital investment ($):2300
City reshored to:Spring Hill
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery cell
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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