Company/Division name | HempRise |
Parent company | Guilin Layn Natural Ingredients Corp. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 75 |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 70 |
Country(ies) from which reshored: | China |
City reshored to: | Jeffersonville |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | CBD, hemp extracts |
What domestic positive factors made reshoring more attractive? | Infrastructure, Proximity to customers/market, Skilled workforce availability/training, Other, import replacement |