Raybow USA plans to expand & bring dozens of new jobs to Brevard

SourceFOX Carolina
Date Published03/19/2021
Author NameFreeman Stoddard
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Raybow USA
Parent companyRaybow Pharmaceutical Co., Ltd
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):15.8
City reshored to:Brevard
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredniche commercial API’s, pharmaceuticals
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Under-utilized capacity
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