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) reshored | conformal 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 |