Company/Division name | General Motors with Samsung SDI |
Parent company | General Motors with Samsung SDI |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1700 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2026 |
Capital investment ($): | 3500 |
Country(ies) from which reshored: | Korea, South |
City reshored to: | New Carlisle |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | EV Battery Cells |
What domestic positive factors made reshoring more attractive? | Better Control of Process/Delivery/Factory, Eco-system synergies, Govt. Policy and subsidies, Higher productivity, Image/brand, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, IRA |