Alchemco moves global headquarters to new facility in Henrico

URLhttps://www.grpva.com/newsroom/news/alchemco-moves
SourceGreater Richmond Partnership
Date Published08/29/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Alchemco
Parent companyAlchemco
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) reshoredmoisture 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
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