Governor Lee, Commissioner McWhorter Announce 6K Energy to Establish Battery Material Manufacturing Plant in Jackson

URLhttps://www.tn.gov/ecd/news/2023/4/18/-governor-le
SourceTennessee Department of Economic and Community Development
Date Published04/18/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name 6K Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):230
Year reshoring announced:2023
Capital investment ($):200
City reshored to:Jackson
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredfull-scale PlusCAM battery material
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$50 million U.S. Department of Energy (DOE) grant
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