Italy-Based Valagro Readying Orangeburg, South Carolina, Operations Hub

URLhttp://www.areadevelopment.com/newsItems/5-25-2018
SourceArea Development
Date Published05/25/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Valagro
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):47
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2019
Capital investment ($):14
Country(ies) from which reshored:Italy
City reshored to:Orangeburg
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredBiostimulants
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$100,000
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