Company/Division name | Green New Energy Materials |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 545 |
Year reshoring announced: | 2024 |
Capital investment ($): | 140 |
Country(ies) from which reshored: | China |
City reshored to: | Denver |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | separator products for lithium-ion batteries |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training |