CDMO Raybow adding 74 jobs in the hills of North Carolina at its U.S. headquarters

SourceFIERCE harma
Date Published03/26/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Raybow Pharmaceutical
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):74
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2026
Capital investment ($):15.8
Country(ies) from which reshored:China
City reshored to:Brevard
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredactive pharmaceutical ingredient manufacturing
What domestic positive factors made reshoring more attractive?Under-utilized capacity
Find Reshoring Articles