Monsanto Board Approves $975M Expansion in Luling, Louisiana

URLhttp://www.economicdevelopmenthq.com/blog/monsanto
SourceEconomic Development Board
Date Published04/14/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Monsanto
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):95
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):975
City reshored to:Luling
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredRoundup Ready Xtend Crop System
What domestic positive factors made reshoring more attractive?Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
Government Incentive dollar amount:5.45 Million
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