BASF plans $150 million expansion at Geismar plant; 85 new jobs to be created

URLhttps://www.theadvocate.com/baton_rouge/news/busin
Sourcetheadvocate.com
Date Published01/31/2018
Author NameTimothy Boone
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BASF Corporation
Parent companyBASF SE
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):85
Country(ies) from which reshored:Germany
City reshored to:Geismar
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredmethylene diphenyl diisocyanate (MDI)
What non-domestic negative factors made offshoring less attractive?Other, chem update
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity, Other, increase production to meet growing demand
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