MATHESON to Build ASU to Supply Gases for Sasol’s World-Scale Ethane Cracker

URLhttps://www.marketwatch.com/press-release/matheson
SourceMarket Watch
Date Published01/19/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Matheson
Parent companyTaiyo Nippon Sanso Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):130
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2016
Capital investment ($):8100
Country(ies) from which reshored:Japan
City reshored to:Lake Charles
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredair separation unit
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, Lean/other business process improvement techniques, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity
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