LioChem e-Materials Establishes Simpson County, Kentucky, Manufacturing Plant

SourceArea Development
Date Published01/27/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name LioChem
Parent companyToyo Ink SC Holdings Co. Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):141
Year reshoring announced:2023
Capital investment ($):104.4
Country(ies) from which reshored:Japan
City reshored to:Franklin
State(s) reshored to:KY
If relevant, work nearshored to:-
Product(s) reshoredproduct for ev batteries
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training, supply chain
Government Incentive dollar amount:4.2
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