Company/Division name | Lordstown Motors |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 141 |
Year reshoring announced: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 3.6 |
City reshored to: | Farmington Hills |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | electric vehicles R&D |
What domestic positive factors made reshoring more attractive? | Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training |
Government Incentive dollar amount: | $1 milliom |