Indevco adding 18 jobs, $9.5M investment with LEDCO grant

SourceLongview News Journal
Date Published03/29/2019
Author NameJimmy Daniell Isaac
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Indevco Plastics
Parent companyIndevco Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):18
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Capital investment ($):9.5
Country(ies) from which reshored:Lebanon
City reshored to:Longview
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredpackaging for petrochemicals
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market
Government Incentive dollar amount:.4
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