Singapore's Olam to open U.S. cocoa powder plant in Chicago area

URLhttps://www.reuters.com/article/us-olam-intl-cocoa
SourceReuters
Date Published02/06/2018
Author NameChris Prentice
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Olam International, Ltd
Parent companyOlam International
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):50
Year reshoring announced:2018
Country(ies) from which reshored:Singapore
City reshored to:Bolingbrook
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredcocoa powder
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
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