Company/Division name | BASF |
Parent company | BASF SE |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 85 |
Year reshoring implemented or to be implemented: | 2019 |
Capital investment ($): | 150 |
Country(ies) from which reshored: | Germany |
City reshored to: | Geismar |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | methylene diphenyl diisocyanate, MDI |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Impact on domestic economy, Skilled workforce availability/training |
Government Incentive dollar amount: | 1.65 |