Company/Division name | Form Energy |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 750 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 760 |
State(s) reshored to: | WV |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | batteries for the U.S. energy grid |
What domestic positive factors made reshoring more attractive? | Government Incentives, Lead time/Time to market |