URL | http://www.hastingstribune.com/news/ammonia-plant- |
Source | Hastings Tribune |
Date Published | 03/28/2017 |
Author Name | Will Vraspir |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Fortigen Geneva LLC |
Parent company | Tetrad Corp |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 22 |
Year reshoring implemented or to be implemented: | 2017 |
Capital investment ($): | 75 |
City reshored to: | Geneva |
State(s) reshored to: | NE |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | fertilizer |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Impact on domestic economy, Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity |