LAND Secures $3M Investment to Boost Electric Battery Manufacturing

URLhttps://www.prnewswire.com/news-releases/land-secu
SourcePR Newswire
Date Published01/16/2024

Additional Reshoring Information:

Company/Division name Land Moto
Parent companyLand Moto
Reshoring category:Reshoring
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Capital investment ($):10
City reshored to:Cleveland
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshorede-bikes and portable batteries
What non-domestic negative factors made offshoring less attractive?Green considerations, Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Higher productivity, Lead time/Time to market, Proximity to customers/market
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