KORE POWER SELECTS ARIZONA SITE FOR ONE MILLION SQUARE FOOT “KOREPLEX” LITHIUM-ION BATTERY MANUFACTURING FACILITY

URLhttps://www.azcommerce.com/news-events/news/kore-p
Sourceazcommerce.com
Date PublishedUnknown
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name KORE Power
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):3000
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
City reshored to:Maricopa County
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium ion batteries
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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