Richmond battery factory looks to power up local economy amid sustainable-energy push

URLhttps://localnewsmatters.org/2025/12/07/richmond-b
SourceLocal News Matter
Date Published12/07/2025
Author Name Andres Jimenez Larios

Additional Reshoring Information:

Company/Division name Viridi
Parent companyViridi Parente
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):63
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2026
Capital investment ($):9
City reshored to:Richmond
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbatteries, generators
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, grant
Government Incentive dollar amount:9,000,000
Find Reshoring Articles