Syngas Energy to invest $360 million in St. James Parish plant

URLhttps://www.nola.com/business/2015/10/syngas_energ
SourceNOLA.com
Date Published10/23/2015
Author NameJennifer Larino
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Syngas Energy Holdings
Parent companySyngas Energy Holdings
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):86
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2018
Capital investment ($):360
City reshored to:St James Parish
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredmethanol plant
What non-domestic negative factors made offshoring less attractive?, chem update
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Lead time/Time to market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity, auto reshore
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