Company/Division name | Formosa Plastics Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 9400 |
Country(ies) from which reshored: | China |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | Ethylene cracker |
What domestic positive factors made reshoring more attractive? | Raw Materials Cost |