Teva Creates 800 New Jobs As HQ Moves to New Jersey

Date Published07/18/2018
Author NameAlex Keown
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Teva Pharmaceutical Industries North America
Parent companyTeva Pharmaceutical Industries Limited
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):843
Year reshoring announced:2018
Country(ies) from which reshored:Israel
City reshored to:Parsippany-Troy Hills
State(s) reshored to:NJ
If relevant, work nearshored to:-
Product(s) reshoredpharma
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
Government Incentive dollar amount:40
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