Company/Division name | Microvast, Inc. |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 287 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Capital investment ($): | 220 |
City reshored to: | Clarksville |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | EV battery cells, battery modules, packs |
What domestic positive factors made reshoring more attractive? | Infrastructure, Skilled workforce availability/training, Under-utilized capacity |