Ground Broken For Titanium Melt Facility In Jackson Co.

URLhttps://www.theintelligencer.net/news/top-headline
SourceThe Intelligencer
Date Published03/06/2023
Author NameDOUGLASS HUXLEY
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Our Next Energy
Parent companyOur Next Energy
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):105
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):22
City reshored to:Ravenswood
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery storage system
What domestic positive factors made reshoring more attractive?Customization/Flexibility, Eco-system synergies, Infrastructure, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Under-utilized capacity
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