ROSEN, CORTEZ MASTO ANNOUNCE NEARLY $10 MILLION IN FUNDING FOR RENO BATTERY MANUFACTURING AND RECYCLING COMPANY

URLhttps://www.rosen.senate.gov/2022/11/16/rosen-cort
Sourcerosen.senate.gov
Date Published11/16/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name American Battery Technology Company
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):9,999,378
City reshored to:Reno
State(s) reshored to:NV
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV batteries and recycling
What domestic positive factors made reshoring more attractive?Government Incentives, Biden
Government Incentive dollar amount:$9,999,378 grant from DoE
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