VW Breaks Ground on State-of-the-art Battery Lab in Tennessee

URLhttps://www.thomasnet.com/insights/vw-breaks-groun
SourceThomas.net
Date Published12/24/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volkswagen of America
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):25
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):22
Country(ies) from which reshored:Germany
City reshored to:Chattanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredelectric vehicle battery R&D
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Manufacturing/engineering joint innovation (R&D)
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