Company/Division name | Alchemco |
Parent company | Alchemco |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 20 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2022 |
Capital investment ($): | 5 |
Country(ies) from which reshored: | Brazil |
City reshored to: | Richmond |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | moisture and surface protection |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Proximity to customers/market |