Construction on new battery manufacturing plant is underway

SourceFox47 News
Date Published06/17/2022
Author NameElle Meyers
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ultium Cells
Parent companyLG Energy Solution and General Motors
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1000
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2025
Capital investment ($):2600
City reshored to:Grand Ledge
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery cells
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Image/brand
Government Incentive dollar amount:666,000,000
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