With $1.3 billion in facility-specific investment, this project clears AFT's $100 million investment threshold (AFT includes any project meeting $100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →The chemicals & materials context.
Chemicals and materials manufacturing spans a wide range of essential U.S. production — from petrochemicals, polymers, and industrial gases to fertilizers, specialty chemicals, and advanced materials such as recycled aluminum, rare-earth magnets, and composites. Projects in this category represent multi-billion-dollar capital programs and long-lived industrial infrastructure that supply nearly every other sector of manufacturing.
At a glance
- Company
- Methanex
- Industry
- Chemicals & Materials
- Location
- Geismar, Louisiana
- Investment
- $1.30B
- Permanent jobs announced
- Jobs not announced
- Status
- Operational
- Announced
- Jul 19, 2019
- Operations began
- Jul 1, 2024
- Added to tracker
- Jul 24, 2026
Official references
- Primary source https://www.methanex.com/news/release/geismar-3-g3-produces-first-methanol-and-methanex-reports-higher-second-quarter-2024-earnings/