US Government Taps Four Manufacturers for Wearable Battery Contract

URLhttps://eepower.com/news/us-government-taps-four-m
SourceEE Power
Date Published05/30/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Inventus Power, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:Both
City reshored to:Woodridge
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, military
Product(s) reshoredconformal wearable batteries, lithium-ion battery
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity, Other, import replacement
Government Incentive dollar amount:$360.67 million
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