Company/Division name | Ultium Cells LLC |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 11000 |
Year reshoring announced: | 2022 |
City reshored to: | Lordstown |
State(s) reshored to: | OH |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | battery |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Lead time/Time to market |
Government Incentive dollar amount: | $2.5 billion loan from the Department of Energy |