LG Business Solutions USA Opens EV Charging Station Factory in Fort Worth

URLhttps://www.commercialintegrator.com/news/lg-busin
SourceCommercial Integrator
Date Published01/18/2024
Author NameAmala Reddie

Additional Reshoring Information:

Company/Division name LG Business Solutions USA
Parent companyLG Corp
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2024
Country(ies) from which reshored:Korea, South
City reshored to:Fort Worth
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredLevel 2 and Level 3 EV chargers
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Image/brand, Proximity to customers/market, Skilled workforce availability/training
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