German chemical firm investing $120M, creating 50 jobs in Charleston region

Date Published12/13/2016
Author NameDavid Wren
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Evonik Corp.
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):50
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2016
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):120
Country(ies) from which reshored:Germany
City reshored to:Goose Creek
State(s) reshored to:SC
If relevant, work nearshored to:-
Product(s) reshoredprecipitated silicate
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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