New U.S. Manufacturing Plants Announced in October 2022

URLhttps://www.industryselect.com/blog/new-manufactur
SourceIndustryselect
Date Published10/26/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Boosts
Parent companyICL
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Country(ies) from which reshored:Israel
City reshored to:St. Louis
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredlithium iron phosphate (LFP)
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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