Company/Division name | Jiangnan Chemical Fiber Co. Ltd. |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Transplant |
Year reshoring announced: | 2014 |
Capital investment ($): | 45 |
Country(ies) from which reshored: | China |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | recycled polyester staple fibre |
What non-domestic negative factors made offshoring less attractive? | Employee turnover, Freight cost, Inventory, Price, Rising wages, Tariffs, Total cost, Cost of land in China, cost of steam in China, cost of bank loans |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Lower real-estate/construction cost, U.S. price of natural gas/chemicals/electricity, Better employee work habits |