Polyplex investing $120M in Alabama PET film expansion

SourcePlastics News
Date Published10/14/2020
Author NameJeannie Reall
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Polyplex USA LLC
Parent companyPolyplex Thailand Public Co. Ltd
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):102.8
Country(ies) from which reshored:Thailand
City reshored to:Decatur
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredBOPET film, PET film, captive resin
What non-domestic negative factors made offshoring less attractive?Strained offshore relationships, Supply chain interruption risk/Natural disaster risk/Political instability , Tariffs, Total cost
What domestic positive factors made reshoring more attractive?Infrastructure, Proximity to customers/market, Other, Covid-19
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