Leaders Break Ground on $500M Investment to Build Global Aerospace Manufacturing Hub Powered by Renewable Energy Microgrid

URLhttps://one.ai/one-jackson-county-press-release
Sourceone.ai
Date Published03/04/2023
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
Country(ies) from which reshored:United States
City reshored to:Ravenswood
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredAries Grid utility-scale battery storage systems
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Infrastructure, Manufacturing/engineering joint innovation (R&D), Under-utilized capacity
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