Covestro ramping up for medical products in US

URLhttps://www.plasticsnews.com/news/covestro-ramping
SourcePlastics News
Date Published04/23/2020
Author NameFrank Esposito
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Covestro AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Country(ies) from which reshored:Germany
City reshored to:South Deerfield
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredPC film, plastic film for medical face shields
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Under-utilized capacity, Other, Covid-19
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