Company/Division name | Li-Cycle Incorporated |
Parent company | Li-Cycle Holdings Corp |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 200 |
Year reshoring announced: | 2024 |
Country(ies) from which reshored: | Canada |
City reshored to: | Rochester |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | battery recycling |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost |
Government Incentive dollar amount: | 475,000,000 |