Company/Division name | Sparkz |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 700 |
City reshored to: | San Francisco |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | Lithium-iron battery |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $25 million in state grants |