Seokoh, Inc. to expand its operations in Lackawanna County

SourcePennsylvania Business Report
Date Published09/24/2019
Author NameKevin Randolph
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Seokoh, Inc.
Parent companyKolmar Korea
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):280
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):27.9
Country(ies) from which reshored:Korea, Republic of
City reshored to:Scott Township, Lackawanna County
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Miscellaneous – subset non Hobbies, personal care/ cosmetics
Product(s) reshoredpersonal care products and cosmetics
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Proximity to customers/market
Government Incentive dollar amount:$606,000 and applied for $ 7.25 m loan from PIDA
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