Daejin Advanced Materials to build 83-job EV battery parts plant in Cumberland City

SourceClarksville Now.com
Date Published09/27/2022
Author NameJake Foster
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Parent companyDaejin Advanced Materials USA Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):83
Year reshoring announced:2022
Capital investment ($):10.2
Country(ies) from which reshored:Korea, Republic of
City reshored to:Clarksvill
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies, Plastic & Rubber Products
Product(s) reshoredprocess trays for EV batteries,plastic injection,
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Skilled workforce availability/training
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