Epsilon Advanced Materials To Set Up Manufacturing Plant In US

URLhttps://www.outlookindia.com/business/epsilon-adva
SourceOutlook
Date Published06/26/2023
Author NamePTI

Additional Reshoring Information:

Company/Division name Epsilon Advanced Materials
Parent companyEpsilon Advanced Materials
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1500
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Capital investment ($):650
Country(ies) from which reshored:India
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredsynthetic graphite anode
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Lead time/Time to market, Proximity to customers/market
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