Biden admin offers $1.2B loan to expand US battery supply chain

URLhttps://www.canarymedia.com/articles/batteries/bid
SourceCanary Media
Date Published07/09/2024
Author NameJeff St. John

Additional Reshoring Information:

Company/Division name Entek Lithium Separators
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):1200
Country(ies) from which reshored:United Kingdom
City reshored to:Terra Haute
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredlithium separator
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$1.2 billion loan
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