Company/Division name | Panasonic with Nouveau Monde Graphite |
Parent company | Panasonic with Nouveau Monde Graphite |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2027 |
Capital investment ($): | 25 |
Country(ies) from which reshored: | Canada,Japan |
City reshored to: | De Soto, Kansas and Reno, NV |
State(s) reshored to: | KS |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals, Electrical Equipment, Appliances & Components |
Product(s) reshored | Synthetic Graphite(NMG) & EV batteries (Panasonic) |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Govt. Policy and subsidies, Higher productivity, Image/brand, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, IRA |