Methanol Plant to Break Ground in West Virginia

URLhttps://www.usnews.com/news/best-states/west-virgi
SourceUS News
Date Published09/01/2017
Author NameAP
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name US Methanol
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):50
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Country(ies) from which reshored:United States
City reshored to:Charleston
State(s) reshored to:WV
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredMethanol
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Raw Materials Cost
Government Incentive dollar amount:$10 million dollar loan from West Virginia Economi
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