First Solar Establishes Iberia Parish, Louisiana, Solar Module Manufacturing Complex

URLhttps://www.areadevelopment.com/newsItems/8-15-202
SourceArea Development
Date Published08/15/2023

Additional Reshoring Information:

Company/Division name First Solar
Parent companyFirst Solar
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):700
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Capital investment ($):1100
City reshored to:Iberia Parish
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSeries 7 Solar Panels
What domestic positive factors made reshoring more attractive?Eco-system synergies, Image/brand, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, LED FastStart and employment dependent grants
Government Incentive dollar amount:$30mil
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