Energy Department gives major loan to facility for processing electric vehicle materials

SourceThe Hill
Date Published07/27/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Syrah Technologies
Parent companySyrah Resources
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):248
Country(ies) from which reshored:Australia
City reshored to:Vidalia
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery materials for EVs
What domestic positive factors made reshoring more attractive?Government Incentives
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