Company/Division name | Verbio |
Parent company | Verbio North America |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2022 |
Country(ies) from which reshored: | Germany |
City reshored to: | Nevada |
State(s) reshored to: | IA |
If relevant, work nearshored to: | - |
Industry(ies): | Petroleum & Coal Products |
Product(s) reshored | renewable natural gas |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, Raw Materials Cost, Under-utilized capacity |