URL | https://www.thomasnet.com/insights/general-motors- |
Source | Thomasnet.com |
Date Published | 02/09/2024 |
Company/Division name | LG Chem |
Parent company | GM |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1900 |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | cathode materials for batteries |
What domestic positive factors made reshoring more attractive? | Govt. Policy and subsidies |