Company/Division name | Yara Freeport LLC |
Parent company | BASF Corp. & Yara International ASA |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2014 |
Year reshoring implemented or to be implemented: | 2018 |
Capital investment ($): | 600 |
Country(ies) from which reshored: | Germany,Norway |
City reshored to: | Freeport |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | ammonia |
What non-domestic negative factors made offshoring less attractive? | Other, chem update |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Higher productivity, Infrastructure, Manufacturing/engineering joint innovation (R&D), U.S. price of natural gas/chemicals/electricity, Other, supply agreement / cooperation with other companie |