Company/Division name | SK Battery America, Inc. |
Parent company | SK Innovations Co., Ltd. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Capital investment ($): | 1,000 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Commerce |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | batteries for electric vehicles |
What non-domestic negative factors made offshoring less attractive? | Tariffs |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Eco-system synergies, Proximity to customers/market, Other, expansion |