USA: Factorial Energy opens solid-state battery development and production site

Date Published10/24/2023
Author NameCarla Westerheide

Additional Reshoring Information:

Company/Division name Factorial Energy
Parent companyFactorial Energy
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):150
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2023
Capital investment ($):50
City reshored to:Methuen
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredBattery Cells
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
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