South Korea’s Miwon Specialty Chemical Plans Plant in Columbia, South Carolina

URLhttp://www.areadevelopment.com/newsItems/1-21-2019
SourceArea Development
Date Published01/21/2019
Author NameArea Development News Desk
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Miwon Specialty Chemical Co. USA
Parent companyMiwon Specialty Chemical Co. Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):25
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):19.5
Country(ies) from which reshored:Korea, Republic of
City reshored to:Columbia
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredmaterials for UV & Electron Beam curing systems
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training
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