Ford to Invest $500 Million in Rivian, a Tesla Rival

SourceThe New York Times
Date Published04/24/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ford Motor Company
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):500
City reshored to:Normal
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectric cars, electric trucks, EVs
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Skilled workforce availability/training, Under-utilized capacity
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