BASF plans $150 million expansion at Geismar plant; 85 new jobs to be created

URLhttp://www.theadvocate.com/baton_rouge/news/busine
SourceThe Advocate
Date Published01/31/2018
Author NameTimothy Boone
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BASF
Parent companyBASF 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) reshoredmethylene 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
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