Company/Division name | BASF |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 37 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2025 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 780 |
Country(ies) from which reshored: | Germany |
City reshored to: | Geismar |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | methylene diphenyl diisocyanate |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training |
Government Incentive dollar amount: | $1 million tax credit |