Kontrolmatik hosts a groundbreaking ceremony for its first lithium-ion battery production facility in the U.S

URLhttps://www.yahoo.com/lifestyle/kontrolmatik-hosts
SourceYahoo Life
Date Published01/31/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pomega Energy Storage Technologies
Parent companyKontrolmatik Technology
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):575
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):300
Country(ies) from which reshored:Turkey
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium-ion battery
What domestic positive factors made reshoring more attractive?Government Incentives
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