Verbio Starts $230 Million Biorefinery Expansion in Indiana

URLhttps://www.manufacturing.net/operations/news/2291
SourceManufacturing.net
Date Published05/24/2024
Author NameDavid Mantey

Additional Reshoring Information:

Company/Division name Verbio
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):230
Country(ies) from which reshored:Germany
City reshored to:South Bend
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredrenewable natural gas (RNG) and bioethanol
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Raw Materials Cost
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