Solar Energy innovator launches US headquarters, manufacturing in Indiana

URLhttps://www.wbiw.com/2023/08/29/solar-energy-innov
SourceWBIW Indiana
Date Published08/29/2023

Additional Reshoring Information:

Company/Division name Bila Solar
Parent companyBila Solar
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):240
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):35
Country(ies) from which reshored:Singapore
City reshored to:Indianapolis
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredlightweight solar modules
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training, Multiple grants and tax incentives
Government Incentive dollar amount:$6.7mil
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