Company/Division name | Phillips 66 |
Parent company | ConocoPhillips |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 25 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1500 |
City reshored to: | Old Ocean |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Petroleum & Coal Products |
Product(s) reshored | natural gas, petro chemical |
What domestic positive factors made reshoring more attractive? | Infrastructure, Impact on domestic economy, Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity |