A Funny Thing Happened on the Way to Corpus Christi

Date Published10/27/2016
Author NameJoseph Innace
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Voestalpine
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):190
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):740
Country(ies) from which reshored:Austria
City reshored to:Corpus Christi
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredHot-Briquetted Iron (HBI)
What non-domestic negative factors made offshoring less attractive?Price
What domestic positive factors made reshoring more attractive?U.S. price of natural gas/chemicals/electricity, politically stable and predictable environment
Find Reshoring Articles