EV Charging Infrastructure Company to Bring 180 Jobs to Alabama

URLhttps://www.thomasnet.com/insights/ev-charging-inf
SourceTHOMAS
Date Published01/05/2023
Author NameNolan Beilstein
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name ADS-TEC
Parent companyADS-TEC Energy
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):180
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):8
Country(ies) from which reshored:Ireland
City reshored to:Auburn
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshored300-kilowatt ChargePost ultra-fast charging posts
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives
Government Incentive dollar amount:tax credit $70,000 for charging projects
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