General Motors, LG Chem Sign Battery Material Pact

URLhttps://www.thomasnet.com/insights/general-motors-
SourceThomasnet.com
Date Published02/09/2024

Additional Reshoring Information:

Company/Division name LG Chem
Parent companyGM
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) reshoredcathode materials for batteries
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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