Lordstown Motors Eyes Farmington Hills, Michigan, R&D Complex

URLhttps://www.areadevelopment.com/newsItems/11-19-20
SourceArea Development
Date Published11/19/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredelectric 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
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