Company/Division name | Huvis Indorama Advanced Materials |
Parent company | Indorama Resources Ltd. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 50 |
Year reshoring announced: | 2018 |
Capital investment ($): | 48 |
Country(ies) from which reshored: | Korea, Republic of,Thailand |
City reshored to: | Spartanburg |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | low-melting fiber |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $735,000 in special revenue credits |