Mullen Set to Rock ’n' Roll in Memphis

URLhttps://finance.yahoo.com/news/mullen-set-rock-n-r
Sourceyahoo!finance
Date Published03/19/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mullen Technologies Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):800
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
City reshored to:Memphis
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshored2P6 SUV crossover, EVs, electric vehicles
What non-domestic negative factors made offshoring less attractive?Travel cost/time
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure
Find Reshoring Articles