Company/Division name | ICL Group |
Parent company | ICL |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 400 |
Country(ies) from which reshored: | Israel |
City reshored to: | St. Louis |
State(s) reshored to: | MO |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | electric vehicle battery |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure, Skilled workforce availability/training, federal government's $197 million investment |