Company/Division name | Cormo USA Inc |
Parent company | Cormo AG |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 250 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 29.5 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Rushville |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | by-product of agricultural |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training |
Government Incentive dollar amount: | 3.5 |