Company/Division name | Panasonic |
Parent company | Panasonic |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 4000 |
Country(ies) from which reshored: | Germany |
City reshored to: | De Soto |
State(s) reshored to: | KS |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | EV Batteries |
What domestic positive factors made reshoring more attractive? | Government Incentives, US Inflation Reduction Act |
Government Incentive dollar amount: | $3,750 per vehicle built |