Plastics company bringing 200 jobs

SourceThe Seguin Gazette
Date Published09/29/2019
Author NameFelicia Frazar
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Continental Structural Plastics, Inc.
Parent companyTeijin
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Year reshoring announced:2019
Domestically, the work will be done:In-house
Capital investment ($):65
Country(ies) from which reshored:Japan
City reshored to:Seguin
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products, Transportation Equipment
Product(s) reshoredcomposites, glass, carbon fibers, thermoplastics
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Skilled workforce availability/training
Government Incentive dollar amount:$783,750
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