Company/Division name | BeiGene |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 700 |
Country(ies) from which reshored: | China |
City reshored to: | Princeton |
State(s) reshored to: | NJ |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | biologics, pharma |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, covid-19 |