Company/Division name | Ford Motor Co. w SK ON |
Parent company | Ford with SK On Co. |
Type of work | Manufacturing |
Reshoring category: | Nearshoring |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2026 |
Capital investment ($): | C$1200 |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Québec |
State(s) reshored to: | Canada |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | high quality Nickel Cobalt Manganese (NCM) |
What domestic positive factors made reshoring more attractive? | Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |