Epsilon Advanced Materials (EAM) Announces Investment of $650M Manufacturing Facility in North Carolina to Strengthen EV Battery Industry in the United States

Date Published10/26/2023

Additional Reshoring Information:

Company/Division name Epsilon Advanced Materials
Parent companyEpsilon Advanced Materials
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2026
Capital investment ($):650
Country(ies) from which reshored:India
City reshored to:Wilmington
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredsynthetic graphite anode
What non-domestic negative factors made offshoring less attractive?Green considerations, Supply chain interruption
What domestic positive factors made reshoring more attractive?Infrastructure, Raw Materials Cost, Skilled workforce availability/training
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