Company/Division name | Daejin Advanced Materials USA Inc. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Capital investment ($): | 10.2 |
Country(ies) from which reshored: | Korea, Republic of |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Transportation Equipment |
Product(s) reshored | EV batteries |
What domestic positive factors made reshoring more attractive? | Government Incentives, Inflation Reduction Act, Biden |