Abbott awarded $1B US Army contract for COVID-19 antigen tests

URLhttps://www.medtechdive.com/news/abbott-awarded-1b
Sourcemedtechdive.com
Date Published03/25/2022
Author NameGreg Slabodkin
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Abbott
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):306
City reshored to:Orlando
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredrapid COVID-19 antigen tests
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$306 contract, American Rescue Plan Act
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