Company/Division name | Lion Electric Company |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 745 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 70 |
Country(ies) from which reshored: | Canada |
City reshored to: | Joliet |
State(s) reshored to: | IL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | medium and heavy-duty electric vehicles |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Proximity to customers/market |