Urbix to get $125m from US govt to fund graphite processing facility

URLhttps://www.miningweekly.com/article/urbix-to-get-
SourceMining Weekly
Date Published09/23/2024
Author NameDarren Parker

Additional Reshoring Information:

Company/Division name Urbix
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):125
City reshored to:Mesa
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Nonmetallic Mineral Products
Product(s) reshoredgraphite for lithium-ion batteries
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, Skilled workforce availability/training
Government Incentive dollar amount:$125 million
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