New battery plant planned for U.S.

SourceChanging America / The Hill
Date Published03/31/2020
Author NameEileen Abbott

Additional Reshoring Information:

Company/Division name KORE Power
Parent companyKORE Power
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):2000
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlarge-scale lithium ion batteries
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Customization/Flexibility, Eco-system synergies, Other, import replacement
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