MEGlobal turns dirt on groundbreaking facility

URLhttp://thefacts.com/free_share/article_585b8be4-a8
SourceThe Facts
Date Published08/09/2016
Author NameStephany Garza
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MEGlobal
Parent companyEQUATE 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) reshoredmonoethylene 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
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