Company/Division name | Honeywell Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 126.6 |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Nonmetallic Mineral Products |
Product(s) reshored | electrolyte salt needed for lithium batteries |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $126.6 million |