Company/Division name | Seokoh, Inc. |
Parent company | Kolmar Korea |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 280 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 27.9 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Scott Township, Lackawanna County |
State(s) reshored to: | PA |
If relevant, work nearshored to: | - |
Industry(ies): | Miscellaneous – subset non Hobbies, personal care/ cosmetics |
Product(s) reshored | personal care products and cosmetics |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Proximity to customers/market |
Government Incentive dollar amount: | $606,000 and applied for $ 7.25 m loan from PIDA |