Company plans CBD production facility at River Ridge

SourceNews & Tribune
Date Published07/15/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Layn USA
Parent companyGuilin Layn Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Capital investment ($):52
Country(ies) from which reshored:China
City reshored to:Jeffersonville
State(s) reshored to:IN
If relevant, work nearshored to:-
Product(s) reshoredCBD (cannabidiol - medicinal from hemp)
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Proximity to customers/market
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