Georgia Electric Vehicle Battery Plant to Create 2,000 Jobs

URLhttps://news.thomasnet.com/featured/georgia-electr
SourceThomasNet
Date Published11/29/2018
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SK Innovation
Parent companySK Group
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2000
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):1670
Country(ies) from which reshored:Korea, Republic of
City reshored to:Athens
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredLIthium batteries
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, import replacement
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