Company/Division name | Evonik |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 176.5 |
Country(ies) from which reshored: | Germany |
City reshored to: | Mobile County |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | MetAmino (DL-methionine) product, livestck feed |
What non-domestic negative factors made offshoring less attractive? | Green considerations, Quality/rework/warranty, Social/ethical concerns, Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Manufacturing/engineering joint innovation (R&D) |