New U.S. Manufacturing Operations Announced in December 2022

URLhttps://www.industryselect.com/blog/new-us-manufac
SourceIndustry Select
Date Published12/28/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Form Energy
Parent companyForm 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
City reshored to:Weirton
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshorediron based battery
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Proximity to customers/market
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