Monolith investing millions in Nebraska in reinventing the carbon black industry

URLhttps://journalstar.com/special-section/new-direct
SourceLincoln Journal Star
Date Published02/23/2019
Author NameMargaret Reist
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Monolith Materials
Parent companyMonolith
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Capital investment ($):80
City reshored to:Lincoln
State(s) reshored to:NE
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredcarbon black
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Infrastructure, Image/brand, Impact on domestic economy, Raw Materials Cost
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