Company/Division name | Redwood Materials |
Parent company | Redwood Materials |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 1500 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 3500 |
City reshored to: | Berkeley County |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | cathode and anode components |
What non-domestic negative factors made offshoring less attractive? | Green considerations, Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training |