"Norfolk, Virginia based Mutant Inc. are stepping up their game to fill the new supply chain void created by tariffs. With departing Chinese suppliers no longer able to compete due to the reciprocal tariffs, Mutant Inc. is taking over supplying batteries and other energy solutions for clients old and new, which may include such entities as Stanley Black & Decker (NYSE: SWK), international telecom companies, major utilities, and others."
"Sensing an opportunity, Mutant Inc. was created by CEO Richard S. Marten, COO Craig Hutchison, and CTO Dr. Lei Chen to be a turnkey "made in USA" solution. Bringing cumulative legal, military, technology, logistics, and management skills honed over several decades, Mutant Inc. boldly arranged a licensing agreement where it would take over sales to those Highstar client businesses."
Mutant Inc., based in Norfolk, Virginia, is stepping in to fill the supply chain void for batteries and energy solutions left by departing Chinese suppliers. Reciprocal tariffs imposed under President Trump raised import costs and prompted major U.S. firms to reshore manufacturing. Jiangsu Highstar, a Chinese lithium-ion battery supplier with over 30 years of customers across appliances, telecoms, utilities, and transportation, faced severe losses and planned to exit U.S. sales. Mutant Inc. was founded by Richard S. Marten, Craig Hutchison, and Dr. Lei Chen as a turnkey "made in USA" solution and arranged a licensing agreement to assume sales to Highstar's clients while leveraging legal, military, technology, logistics, and management expertise.
Read at 24/7 Wall St.
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