Company/Division name | MEGlobal |
Parent company | EQUATE Petrochemical Company |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 50 |
Year reshoring announced: | 2016 |
Year reshoring implemented or to be implemented: | 2019 |
Capital investment ($): | 1000 |
Country(ies) from which reshored: | Kuwait |
City reshored to: | Freeport |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | monoethylene glycol |
What non-domestic negative factors made offshoring less attractive? | , chem update |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Infrastructure, Impact on domestic economy, Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity |