Formosa Plastics group to spend US$88m in US

SourceTaipei Times
Date Published11/10/2017
Author NameKuo Chia-erh
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Formosa Plastics Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):9400
Country(ies) from which reshored:China
State(s) reshored to:LA
If relevant, work nearshored to:-
Product(s) reshoredEthylene cracker
What domestic positive factors made reshoring more attractive?Raw Materials Cost
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