SOMAR invests $2.5 million to establish epoxy resin manufacturing plant in West Virginia

URLhttps://www.plantservices.com/industry-news/news/5
SourcePlant Services
Date Published07/19/2024

Additional Reshoring Information:

Company/Division name SOMAR
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):25
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):2.5
Country(ies) from which reshored:Japan
City reshored to:Wood County
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredresin products-automotive
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Under-utilized capacity
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