Chinese investment is saving American factories and manufacturing despite the trade war, even though Trump won’t admit it

SourceSouth China Morning Post
Date Published01/23/2020
Author NameBilly Huang
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name YCI Methanol One
Parent companyShandong Yuhuang China
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2700
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2020
Capital investment ($):1850
Country(ies) from which reshored:China
City reshored to:St James Parish
State(s) reshored to:LA
If relevant, work nearshored to:-
Product(s) reshoredpetrochemical plant
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Raw Materials Cost, U.S. price of natural gas/chemicals/electricity
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