Rigid plastic company en route to Lima to provide 51 jobs

URLhttps://www.limaohio.com/news/413751/rigid-plastic
SourceLima Ohio News
Date Published06/10/2020
Author NameJosh Ellerbrock
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Logoplaste
Parent companyLogoplaste
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):51
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2024
Capital investment ($):35
Country(ies) from which reshored:Portugal
City reshored to:Lima
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredrigid plastic
What domestic positive factors made reshoring more attractive?Government Incentives, Lead time/Time to market, Lean/other business process improvement techniques, Proximity to customers/market
Government Incentive dollar amount:tax abatement, no numbers
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