Company/Division name | UBE Corp. |
Parent company | UBE Corp. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 309 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2026 |
Capital investment ($): | 80 |
Country(ies) from which reshored: | Japan |
City reshored to: | Jefferson Parish |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | chemical solvents for electric vehicle batterie |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $80 M tax break under the Industrial Tax Exemption |