Ascend Finalizes Plans For $175M Project In Alabama

URLhttps://businessfacilities.com/2019/12/ascend-fina
SourceBusiness Facilities
Date Published12/23/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ascend Performance Materials
Parent companyAscend Performance Materials
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):150
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Capital investment ($):175
City reshored to:Decatur
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredhigh-performance nylon
What domestic positive factors made reshoring more attractive?Government Incentives, Image/brand, Skilled workforce availability/training
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