Company/Division name | Ascend Elements |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1000 |
City reshored to: | Hopkinsville |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Castings/Foundries - Subset of Primary Metal Products, Electrical Equipment, Appliances & Components, Nonmetallic Mineral Products, Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | engineered cathode materials-recycled EV battery |
What domestic positive factors made reshoring more attractive? | Govt. Policy and subsidies |