Biden-Harris Administration Announces $362 Million Loan to CelLink to Support Domestic Manufacturing of Key Electric Vehicle Supply Chain Components

URLhttps://www.energy.gov/articles/biden-harris-admin
Sourceenergy.gov
Date Published04/24/2024

Additional Reshoring Information:

Company/Division name CelLink Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1200
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):362
City reshored to:Georgetown
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredwiring harnesses for EVs
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Impact on domestic economy, Skilled workforce availability/training
Government Incentive dollar amount:$362 million
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