Company/Division name | Shintech Louisiana LLC |
Parent company | Shintech Incorporated |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 30 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 1250 |
Country(ies) from which reshored: | Japan |
City reshored to: | Plaquemine |
State(s) reshored to: | LA |
If relevant, work nearshored to: | - |
Industry(ies): | Plastic & Rubber Products, health care, electronics, automobile |
Product(s) reshored | vinyl chloride monomer, chlor-alkali monomers, PVC |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Impact on domestic economy, Skilled workforce availability/training, Under-utilized capacity |
Government Incentive dollar amount: | $3.3 million |