Company/Division name | John Deere Electric Powertrain LLC |
Parent company | Deere & Company |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 50 |
Year reshoring announced: | 2023 |
Capital investment ($): | 70 |
City reshored to: | Kernersville |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | battery packs and chargers |
What domestic positive factors made reshoring more attractive? | Govt. Policy and subsidies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, IRA. And One North Carolina Fund Grant Incentive |
Government Incentive dollar amount: | 100,000 |