Company/Division name | UBE Corp. |
Parent company | UBE Corp. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2026 |
Capital investment ($): | 500 |
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 | Lithium EV battery chemicals |
What non-domestic negative factors made offshoring less attractive? | Green considerations |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Lead time/Time to market, Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training, Louisiana Economic incentives TBD |