AnC Bio bets in biotech in Newport

SourceBurlington Free Press
Date Published05/14/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name AnC Bio Vermont
Parent companyAnC Bio
Type of work Manufacturing
Reshoring category:Transplant
Total number of jobs (added or to be added):400
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2016
Capital investment ($):100
City reshored to:Newport
State(s) reshored to:VT
If relevant, work nearshored to:-
Product(s) reshoredMedical devices, stem cell research
What domestic positive factors made reshoring more attractive?Government Incentives
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