Louisiana: Shintech Invests $1.3 Billion In Plastics Expansion

URLhttps://businessfacilities.com/2021/03/louisiana-s
SourceBusiness Facilities
Date Published03/17/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Shintech Louisiana LLC
Parent companyShintech 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) reshoredvinyl 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
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