Evanesce® Opens First U.S. Based Manufacturing Facility for Sustainable Product Development

URLhttps://finance.yahoo.com/news/evanesce-opens-firs
SourceYahoo!Finance
Date Published10/21/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Evanesce®
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):78
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Capital investment ($):17
Country(ies) from which reshored:Canada
City reshored to:Hampton County
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredPolylactic Acid (PLA) products, straws, cutlery
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure
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