Pharmaceutical manufacturer picks Sanford for 325 new jobs, after getting NC incentives

SourceThe News&Observer
Date Published04/13/2021
Author NameZachery Eanes
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Abzena
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):325
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):213
Country(ies) from which reshored:United Kingdom
City reshored to:Sanford
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredantibody-based treatment, Covid-19 medicines
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training, Other, Covid-19
Government Incentive dollar amount:$18.4 million
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