Company/Division name | Li-Cycle Incorporated |
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): | 123 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Offshore, work was done: | In-house |
Domestically, the work will be done: | In-house |
Capital investment ($): | 175 |
Country(ies) from which reshored: | Canada |
City reshored to: | Rochester |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, energy storage, sustainable energy |
Product(s) reshored | lithium-ion battery recycling |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Government Incentives, Infrastructure, Impact on domestic economy, Proximity to customers/market, Under-utilized capacity, clean energy |
Government Incentive dollar amount: | $5,000,000 |