YCI Announces Definitive Agreement for Investment by Koch Methanol in St. James Parish Methanol Project

SourceBusiness Wire
Date Published08/23/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Yuhuang Chemical Industries Inc
Parent companyShandong Yuhuang Chemical Company, Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2020
Capital investment ($):1850
Country(ies) from which reshored:China
City reshored to:St James Parish
State(s) reshored to:LA
If relevant, work nearshored to:-
Product(s) reshoredmethanol
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Raw Materials Cost
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