Company/Division name | Suniva |
Parent company | Lion 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) reshored | high-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 |