Ternium USA To Invest $98 Million in Expansion of Shreveport Facility

URLhttps://gov.louisiana.gov/index.cfm/newsroom/detai
SourceOffice of the governor
Date Published12/17/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ternium USA
Parent companyTernium
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):35
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2024
Capital investment ($):98
Country(ies) from which reshored:Luxembourg
City reshored to:Shreveport
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredcoil coating
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:1
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