Company/Division name | Honeywell International Inc. |
Parent company | Honeywell International Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 50 |
Year reshoring announced: | 2023 |
Capital investment ($): | 36 |
City reshored to: | Geismar |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | new heat pump refrigerant |
What non-domestic negative factors made offshoring less attractive? | Green considerations, Social/ethical concerns, Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Customization/Flexibility, Government Incentives, Higher productivity, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training, Defense Production Act Heat Pump Program |
Government Incentive dollar amount: | 15 |