Corvus Energy to Open US Battery Factory

URLCorvus Energy to Open US Battery Factory
SourceMarine Link
Date Published05/31/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Corvus Energy
Parent companyCorvus Energy
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2030
Domestically, the work will be done:In-house
Country(ies) from which reshored:Norway
City reshored to:Seattle
State(s) reshored to:WA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery energy storage systems
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Infrastructure, Skilled workforce availability/training
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