American Battery Factory Selects Tucson as Site for its First Battery Cell Gigafactory in U.S.

URLhttps://www.expansionsolutionsmagazine.com/america
SourceExpansion Solutions Magazine
Date Published12/12/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name American Battery Factory Inc
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1000
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):1200
City reshored to:Tucson
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium iron phosphate (LFP) battery cells
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
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