Solvay Specialty Polymers to expand, add 600 jobs

SourceFox News Now
Date Published11/09/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Solvay
Parent companySolvay Specialty Polymers
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2022
Capital investment ($):175
Country(ies) from which reshored:Belgium
City reshored to:Augusta
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredbattery-grade polyvinylidene fluoride
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, supply chain
Government Incentive dollar amount:178
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