Advanced Refining Technologies Invests $135 Million To Build Plant Near Lake Charles, Louisiana

URLhttp://www.areadevelopment.com/newsItems/5-18-2015
Sourceareadevelopment.com
Date Published05/18/2015
Author NameArea Development News Desk
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Advanced Refining Technologies
Parent companyW.R. Grace & Co.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):30
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2018
Capital investment ($):135
City reshored to:Sulphur
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredresidue hydroprocessing catalysts
What non-domestic negative factors made offshoring less attractive?Other, chem update
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Skilled workforce availability/training, U.S. price of natural gas/chemicals/electricity, Other, import replacement
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