Company makes materials for vehicle batteries, plans to create 111 jobs in Adrian

Date Published04/24/2022
Author NameBrad Heineman
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Daejin Advanced Materials USA Inc.
Parent companyDaejin Advanced Materials
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):111
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):12.3
Country(ies) from which reshored:Korea, Republic of
City reshored to:Adrian
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredpolymers for batteries
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives
Government Incentive dollar amount:$500,000
Find Reshoring Articles