Company/Division name | BlueOvalSK |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2025 |
Domestically, the work will be done: | Outsourced |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Detroit |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | battery cells, battery cells for electric vehicles |
What domestic positive factors made reshoring more attractive? | Under-utilized capacity, Other, Biden |