Company/Division name | Microvast Advanced Membrane Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 462 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 504 |
City reshored to: | Hopkinsville |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Transportation Equipment |
Product(s) reshored | EV battery materials, polyaramid |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $21 million |