ADM and Spiber to Partner on Production of Innovative Biobased Polymers

SourceValdosta Daily Times
Date Published10/05/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Spiber Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2019
Domestically, the work will be done:Both
Country(ies) from which reshored:Japan
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles, Transportation Equipment
Product(s) reshoredapparel, light auto parts, Biobased Polymers
What non-domestic negative factors made offshoring less attractive?Total cost
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training, Other, sustainability
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