GM fast-tracks electric vehicle plans, starts hiring near former Lordstown plant

URLhttps://www.freep.com/story/money/cars/general-mot
SourceDetroit Free Press
Date Published11/05/2020
Author NameJamie L. LaReau
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ultium Cells LLC
Parent companyLG Chem
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1100
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):2300
Country(ies) from which reshored:Korea, Republic of
City reshored to:Lordstown
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredUltium battery cells, EV batteries, batteries
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
Find Reshoring Articles