Formosa to increase PVC capacity in Louisiana

SourcePlastics News
Date Published08/29/2019
Author NameFrank Esposito
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Formosa Plastics Group
Parent companyFormosa Plastics Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):15
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Capital investment ($):332
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Baton Rouge
State(s) reshored to:LA
If relevant, work nearshored to:-
Product(s) reshoredPVC resin
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:.5
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