Carlsbad manufacturer gets $13M grant for lithium battery production

URLhttps://thecoastnews.com/carlsbad-manufacturer-get
SourceThe Coast News Group
Date Published03/07/2023
Author NameSteve Puterski
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name American Lithium Energy
Parent companyAmerican Lithium Energy
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Country(ies) from which reshored:United States
City reshored to:Carlsbad
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredhigh-performance lithium battery
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives
Government Incentive dollar amount:$10.2mil plus matching from investors
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