Company/Division name | Formosa Plastics Group |
Type of work | Manufacturing |
Reshoring category: | Transplant |
Year reshoring announced: | 2012 |
Year reshoring implemented or to be implemented: | 2013 |
Capital investment ($): | 3700 |
Country(ies) from which reshored: | China,Taiwan, Province of China |
City reshored to: | Point Comfort |
State(s) reshored to: | TX |
Industry(ies): | Chemicals, Plastic/Rubber Products |
Product(s) reshored | ethylene, polyethylene |
What domestic positive factors made reshoring more attractive? | U.S. price of natural gas/chemicals/electricity, "reasonable" environmental regulations |