West Virginia Governor Jim Justice announces Form Energy will site first American battery manufacturing plant in Weirton, creating hundreds of jobs

URLhttps://formenergy.com/west-virginia-governor-jim-
SourceForm Energy
Date Published12/22/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Form Energy
Parent companyForm 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) reshorediron-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
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