Amplify Cell Technologies Begins Construction of Mississippi Battery Cell Factory

URLhttps://www.paccar.com/news/current-news/2024/ampl
SourcePaccar.com
Date Published07/01/2024

Additional Reshoring Information:

Company/Division name Amplify Cell Technologies
Parent companyDaimler
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2000
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2027
Domestically, the work will be done:In-house
Capital investment ($):3000
Country(ies) from which reshored:Canada,Germany
City reshored to:Marshall County
State(s) reshored to:MS
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium-iron-phosphate (LFP) battery cells
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
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