Company/Division name | Form Energy |
Parent company | Form Energy |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 750 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 760 |
City reshored to: | Weirton |
State(s) reshored to: | WV |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | iron-air batteries |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Skilled workforce availability/training, Under-utilized capacity, State asset-based, performance financing |
Government Incentive dollar amount: | $290 |