Company/Division name | Layn USA |
Parent company | Guilin Layn Corporation |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2019 |
Capital investment ($): | 52 |
Country(ies) from which reshored: | China |
City reshored to: | Jeffersonville |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | CBD (cannabidiol - medicinal from hemp) |
What domestic positive factors made reshoring more attractive? | Automation/technology, Eco-system synergies, Proximity to customers/market |