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) reshored | renewable natural gas (RNG) and bioethanol |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, Raw Materials Cost |