Ford Will Build a U.S. Battery Factory With Technology From China

URLhttps://www.nytimes.com/2023/02/13/business/energy
SourceNew York Times
Date Published02/13/2023
Author Name Neal E. Boudette and Keith Bradsher
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ford Motor Company
Parent companyFord Motor Company
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):2500
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Capital investment ($):3500
City reshored to:Marshall
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbatteries for EV
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Image/brand, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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