URL | https://www.bloomberg.com/news/articles/2023-05-11 |
Source | Bloomberg |
Date Published | 05/10/2023 |
Author Name | James Fernyhough |
Company/Division name | Livent Corp. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
Capital investment ($): | 10600 |
City reshored to: | Philadelphia |
State(s) reshored to: | PA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | lithium |
What domestic positive factors made reshoring more attractive? | Government Incentives, President Joe Biden’s Inflation Reduction Act |