Company/Division name | JWA Co., Ltd. |
Parent company | Jaewon Industrial |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 102 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Kokomo |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | lithium-ion battery recycling |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Image/brand, Proximity to customers/market, Indiana Economic Development Corporation Grants |
Government Incentive dollar amount: | #3mil |