Company/Division name | Mytex Polymers U.S. Corp |
Parent company | Mitsubishi Chemical Corp. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 15 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 7 |
Country(ies) from which reshored: | Japan |
City reshored to: | Covington |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products, auto parts, household appliances, packaging |
Product(s) reshored | long glass fiber polypropylene compounds |
What domestic positive factors made reshoring more attractive? | Government Incentives, Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity |