URL | https://www.forbes.com/sites/davidblackmon/2023/01 |
Source | Forbes |
Date Published | 01/25/2023 |
Author Name | David Blackmon |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Statevolt |
Parent company | Italvolt SpA |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 2500 |
Year reshoring announced: | 2022 |
Country(ies) from which reshored: | Italy |
City reshored to: | southern |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | gigafactory |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, Inflation Reduction Act |