Li-Cycle Plans Rochester, New York, Lithium-ion Battery Recycling 'Hub'

SourceArea Development
Date Published09/15/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Li-Cycle Incorporated
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):123
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):175
Country(ies) from which reshored:Canada
City reshored to:Rochester
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, energy storage, sustainable energy
Product(s) reshoredlithium-ion battery recycling
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Infrastructure, Impact on domestic economy, Proximity to customers/market, Under-utilized capacity, clean energy
Government Incentive dollar amount:$5,000,000
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