BASF Announces $19.8 Million Louisiana Expansion

SourceNolan Beilstein
Date Published08/17/2022
Author NameNolan Beilstein
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BASF
Parent companyBASF SE
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Capital investment ($):19.8
Country(ies) from which reshored:Germany
State(s) reshored to:LA
If relevant, work nearshored to:-
Product(s) reshoredN-(2-Hydroxyethyl)-2-Pyrrolidone (HEP) and N-Octyl
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$300,000 amount will be paid over five years.
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