Company/Division name | Evonik |
Parent company | Evonik Industries AG |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 80 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 220 |
Country(ies) from which reshored: | Germany |
City reshored to: | Lafayette |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | mRNA therapies, production of lipid |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training |