$50M Specialty Fertilizer Manufacturing Facility To Be Built In Indiana

URLhttps://businessfacilities.com/2022/03/specialty-f
Sourcehttps://businessfacilities.com/
Date Published03/03/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hello Nature
Parent companyHello Nature
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):46
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):50
Country(ies) from which reshored:Italy
City reshored to:Wabash
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredSpecialty fertilizer
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$490,000 incentive-based tax credit
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