Whitmer Announces New Battery Component Manufacturing Facility in Big Rapids

Date Published10/05/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gotion High tech Co Ltd
Parent companyGotion High tech Co Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2350
Year reshoring announced:2022
Capital investment ($):2.36
Country(ies) from which reshored:China
City reshored to:Big Rapids
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredelectric vehicle battery
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:715 million
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