Dongwha Electrolyte invests $70 million to build first U.S. facility in Tennessee

URLhttps://www.plantservices.com/industry-news/news/3
SourcePlant Services
Date Published03/07/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Dongwha Electrolyte
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):68
Year reshoring announced:2023
Capital investment ($):70
Country(ies) from which reshored:Malaysia
City reshored to:Clarksville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectrolytes used in lithium batteries
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:CHIPS Act
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