Tucson Tech: Battery factory advances tech for factory buildout

URLhttps://tucson.com/news/local/business/tucson-tech
SourceTucson.com
Date Published06/29/2024
Author NameDavid Wichner

Additional Reshoring Information:

Company/Division name American Battery Factory
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1000
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):1200
City reshored to:Tucson
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium-iron phosphate battery cells
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Manufacturing/engineering joint innovation (R&D)
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