Cabot Corporation Plans to Invest in U.S. Conductive Carbon Additives Capacity for Electric Vehicle Lithium-ion Battery Applications

URLhttps://finance.yahoo.com/news/cabot-corporation-p
SourceYahoo Finance
Date Published01/26/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Cabot Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):75
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2028
Domestically, the work will be done:In-house
Capital investment ($):200
City reshored to:Pampa
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredconductive carbon additives (CCA)
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?Customer responsiveness improvement, Customization/Flexibility, Eco-system synergies, Government Incentives, Skilled workforce availability/training
Find Reshoring Articles