Greek-Based Sunlight Batteries Eyes North American Assembly & Distribution Facility in Greensboro, North Carolina

URLhttps://www.areadevelopment.com/newsItems/12-6-201
SourceArea Development
Date Published12/06/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sunlight Batteries USA
Parent companySystems Sunlight
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):46
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):6.5
Country(ies) from which reshored:Greece
City reshored to:Greensboro
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbatteries
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Lead time/Time to market, Proximity to customers/market
Government Incentive dollar amount:.1
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