EV Charger Manufacturer Announces $41 Million North Carolina Factory

URLhttps://www.thomasnet.com/insights/ev-charger-manu
Sourcethomasnet
Date Published02/21/2023
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kempower Inc
Parent companyKenpower Inc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2023
Capital investment ($):41
Country(ies) from which reshored:Finland
City reshored to:Durham County
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredDC charging units
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Impact on domestic economy, Lead time/Time to market
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