$500M Facility in Jefferson Parish First in U.S. to Manufacture EV Battery Materials

URLhttps://bizneworleans.com/groundbreaking-500m-faci
SourceBiz New Orleans
Date Published02/14/2025

Additional Reshoring Information:

Company/Division name UBE C1 Chemicals America, Inc.
Parent companyUBE Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):60
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2027
Domestically, the work will be done:In-house
Capital investment ($):500
Country(ies) from which reshored:Japan
City reshored to:New Orleans
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredchemicals for lithium-ion batteries, semiconductor
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
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