Company/Division name | Mobis North America electrified Powertrain, LLC |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 57.6 |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Richmond Hill |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | components for EVs |
What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies |
Government Incentive dollar amount: | $57.6 Million |