LG to Build New 500MW Solar Module Manufacturing Plant in Alabama

Date Published06/27/2018
Author NameJulia Pyper
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name LG Electronics
Parent companyLG Electronics
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):160
Year reshoring announced:2018
Capital investment ($):28
Country(ies) from which reshored:Korea, Republic of
City reshored to:Huntsville
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar modules
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Infrastructure, Image/brand, Impact on domestic economy, Lead time/Time to market
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