Canoo Plans Assembly Plant in Oklahoma

SourceLos Angeles Business Journal
Date Published05/28/2021
Author NameNat Rubio-Licht
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Canoo Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):2000
Year reshoring announced:2021
Capital investment ($):1000
City reshored to:Pryor
State(s) reshored to:OK
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric lifestyle vehicles
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:$300 million in tax incentives
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