The US Southeast is getting its first EV battery supply chain project

URLhttps://electrek.co/2024/03/12/us-southeast-first-
SourceElectrek
Date Published03/12/2024
Author NameMichelle Lewis

Additional Reshoring Information:

Company/Division name UBE Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):56
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):500
Country(ies) from which reshored:Japan
City reshored to:New Orleans
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredEV battery chemicals
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
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