Mitsubishi Chemical plans $915m US plant as Buy American pressure rises

URLhttps://asia.nikkei.com/Business/Companies/Mitsubi
SourceNikkei Asia
Date Published08/03/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Mitsubishi Chemical
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):915
Country(ies) from which reshored:Japan
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredmethyl methacrylate, MMA
What domestic positive factors made reshoring more attractive?, Biden
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