Company/Division name | Nacero Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 350 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 7000 |
City reshored to: | Penwell |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | lower carbon gasoline, zero-sulfur gasoline |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training, Other, import replacement |