Texas Company Investing $75 Million in Somerset Plant

SourceWKU Public Radio, The Public Radio Service of Western Kentucky University
Date Published04/20/2018
Author NameRhonda Miller
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Extiel GPG, LLC
Parent companyExtiel GPG, LLC
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):60
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2020
Capital investment ($):75
City reshored to:Somerset
State(s) reshored to:KY
If relevant, work nearshored to:-
Product(s) reshorednatural gas into synthetic waxes, oils, solvents
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Image/brand, Proximity to customers/market, U.S. price of natural gas/chemicals/electricity
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