BASF’s Plastic Additives business supports industry growth in North America with capacity expansions and operational excellence

URLhttps://www.basf.com/us/en/media/news-releases/201
Sourcebasf.com
Date Published11/14/2016
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
Year reshoring announced:2016
Capital investment ($):200
Country(ies) from which reshored:Germany
City reshored to:McIntosh
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredplastic additives
What non-domestic negative factors made offshoring less attractive?Other, chem update
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Higher productivity, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity
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