Samsung supplier to build $575M chemical facility in Texas

URLhttps://www.manufacturingdive.com/news/samsung-sup
Sourcemanufacturing dive
Date Published08/20/2024

Additional Reshoring Information:

Company/Division name Soulbrain
Parent companySamsung
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2033
Domestically, the work will be done:In-house
Capital investment ($):575
Country(ies) from which reshored:Korea, South
City reshored to:Taylor
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredchemicals for semiconductors
What domestic positive factors made reshoring more attractive?Government Incentives
Find Reshoring Articles