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). It is also confirmed by official public sources and involves a physical manufacturing facility in the United States.
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 composites. Projects in this category represent multi-billion-dollar capital programs and long-lived industrial infrastructure that supply nearly every other sector of manufacturing. The category includes plastic resins and plastic/rubber products not assigned to a more specific category. Tires and vehicle-specific parts belong in Automotive. Finished packaging belongs in Packaging & Paper.
At a glance
- Company
- Methanex
- Industry
- Chemicals & Materials
- Location
- Geismar, Louisiana
- Investment
- $1.30B
- Permanent jobs announced
- 62
- 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/
- Louisiana Economic Development, "Methanex announces investment in third Louisiana methanol plant" (2019) https://opportunitylouisiana.gov/news/methanex-announces-investment-in-third-louisiana-methanol-plant
Cite this project
American Factory Tracker. "Methanex, Geismar, LA." https://americanfactorytracker.com/projects/methanex-geismar. Accessed November 3, 2026.
Please also cite the original sources listed above for underlying figures.