Atom Power plans $4.2M expansion in Huntersville

URLhttps://www.wfae.org/energy-environment/2023-05-09
SourceWFAE 90.7 Cherlotte NPR
Date Published05/09/2023
Author NameDavid Boraks

Additional Reshoring Information:

Company/Division name Atom Power
Parent companyAtom Power
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):205
Year reshoring announced:2023
Capital investment ($):4.2
City reshored to:Huntersville
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectric vehicle charging equipment
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training, $$ from Mecklenburg County & Lake Norman Eco. Dev.
Government Incentive dollar amount:$1,646,000
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