Chicago Fed exec: Chemical industry key to return of offshore jobs

05/3/2013 | MarketWatch · Federal Reserve Bank of Chicago

The U.S. chemical sector is one of several industries that will boost the "reshoring" of manufacturing activities to the country, said Chicago Federal Reserve Bank Vice President Bill Testa. Reshoring in the chemical industry is driven by the shale natural gas boom and the economic benefits of bringing production closer to raw material sources, Testa said, citing a Boston Consulting Group study.

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MarketWatch · Federal Reserve Bank of Chicago

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