Sirmax to build US recycling plant in Indiana

URLhttps://www.plasticsnews.com/news/sirmax-build-us-
SourcePlastics News
Date Published07/30/2019
Author NameFrank Esposito
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sirmax
Parent companySirmax SpA
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):38
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Capital investment ($):18
Country(ies) from which reshored:Italy
City reshored to:Anderson
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredpolypropylene compounds
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Raw Materials Cost
Government Incentive dollar amount:4.1
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