Ford to Add EV Plants in Tennessee, Kentucky in $11 Billion Investment

URLhttps://www.thomasnet.com/insights/ford-to-add-ev-
SourceThomas Insights
Date Published10/19/2021
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SK Innovation
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2500
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):2900
Country(ies) from which reshored:Korea, Republic of
City reshored to:Glendale
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredEV batteries, electric vehicle batteries
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