U.S. Government to support expansion of Croda lipid systems capability

URLhttps://www.wect.com/prnewswire/2022/06/28/us-gove
SourceWECT News
Date Published06/28/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Croda International Plc
Parent companyCroda International Plc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2025
Capital investment ($):133
Country(ies) from which reshored:United Kingdom
City reshored to:Lamar
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredlipid systems
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Other, strategic national health supply
Government Incentive dollar amount:75000000
Find Reshoring Articles