Company/Division name | Gulf Coast Growth Ventures |
Parent company | Exxon Mobil and Saudi Basic Industries Corp.(SABIC |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 600 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2021 |
Capital investment ($): | 10000 |
City reshored to: | Corpus Christi |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | petrochemical, ethylene |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Image/brand, Impact on domestic economy, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity |
Government Incentive dollar amount: | 731 |