Suniva Upgrades Manufacturing and Restarts Operations in Georgia

URLhttps://www.businesswire.com/news/home/20231010570
SourceBusinesswire
Date Published10/11/2023

Additional Reshoring Information:

Company/Division name Suniva
Parent companyLion Point Capital, LP
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):240
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):110
City reshored to:Norcross
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredhigh-efficiency crystalline silicon solar cells
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, IRA
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