10/12: LED’s Stephen Moret on Louisiana’s Economy and Developments in the Industrial Boom

URLhttps://www.businessreport.com/business/1012-leds-
SourceGreater Baton Rouge Business Report
Date Published04/22/2015
Author NameKathy Finn
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Yuhuang Chemical
Parent companyShandong Yuhuang
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2014
Capital investment ($):1850
Country(ies) from which reshored:China
City reshored to:Vacherie
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Petroleum & Coal Products
Product(s) reshoredMethanol Manufacturing
What domestic positive factors made reshoring more attractive?Eco-system synergies
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