How a metro Atlanta plant is helping solve a huge EV supply chain kink

URLhttps://www.ajc.com/news/metro-atlanta-facility-re
SourceThe Atlanta Jornal Constitution
Date Published03/29/2023
Author NameZachary Hansen
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ascend Elements
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):150
Year reshoring announced:2022
City reshored to:COVINGTON
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium-ion battery recycling
What non-domestic negative factors made offshoring less attractive?Social/ethical concerns, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity, President Joe Biden
Government Incentive dollar amount:$10M local incentives, and $480 federal grant
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