URL | https://bioprocessintl.com/bioprocess-insider/faci |
Source | BioProcess International |
Date Published | 10/02/2023 |
Author Name | Dan Stanton |
Company/Division name | LG Chem Ltd. |
Parent company | LG Chem |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Vacaville |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | Biomanufacturing |
What domestic positive factors made reshoring more attractive? | Under-utilized capacity |