Casey Announces $20 Million for Advanced Energy Manufacturing in Southwestern PA

URLhttps://www.casey.senate.gov/news/releases/casey-a
Sourcecasey.senate.gov
Date Published11/27/2023

Additional Reshoring Information:

Company/Division name CorePower Magnetic
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):25
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):20
City reshored to:Pittsburg
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredEV batteries
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
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