German industrial giant Siemens to partner on South Carolina battery manufacturing ecosystem

URLhttps://charlestonbusiness.com/german-industrial-g
SourceCharleston Regional Business Journal
Date Published05/14/2024
Author NameJason Thomas

Additional Reshoring Information:

Company/Division name Pomega Energy Storage Technologies USA
Parent companyKontrolmatik
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):500
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):300
Country(ies) from which reshored:Turkey
City reshored to:Colleton County
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbatteries/ energy storage
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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