The Ten Most Significant Economic Developments of 2019 in Texas

SourceFord Insights Group
Date Published01/06/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Steel Dynamics, Inc.
Parent companySteel Dynamics, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):600
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Capital investment ($):1,900
City reshored to:Sinton
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredflat roll steel
What domestic positive factors made reshoring more attractive?Government Incentives, Other, import replacement
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