India's JSW Steel to invest $500 million in U.S. operations

Date Published03/26/2018
Author NameVishal Sridhar
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name JSW USA
Parent companyJSW Group
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Capital investment ($):500
Country(ies) from which reshored:India
City reshored to:Baytown
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredsteel plates
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity
Government Incentive dollar amount:3.4
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