Qcells to Invest $2.5 Billion to Expand Solar Panel Production Capacity in Georgia

URLhttps://www.industryweek.com/the-economy/article/2
SourceIndustry Week
Date Published01/11/2023
Author NameAnna Smith
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Qcells
Parent companyHanwha Solutions
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2500
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):2500
Country(ies) from which reshored:Korea, Republic of
City reshored to:Cartersville
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar manufacturing
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Infrastructure, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
Find Reshoring Articles