Company/Division name | LG Electronics |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 292 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 25 |
City reshored to: | Hazel Park/Troy |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Transportation Equipment |
Product(s) reshored | Renewable Batteries for Automotive |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | 2900000 |