Nacero Plans $3 Billion Natural Gas to Gasoline Plant in Casa Grande, Arizona

URLhttps://www.areadevelopment.com/newsItems/3-19-202
SourceArea Development
Date Published03/19/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nacero Inc
Parent companyNacero Inc
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):265
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2025
Capital investment ($):3000
City reshored to:Case Grande
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredgasoline
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Impact on domestic economy, U.S. price of natural gas/chemicals/electricity
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