Bayer sheds some sites in €2B push to expand next-gen manufacturing capabilities

URLhttps://www.fiercepharma.com/manufacturing/seagen-
Sourcehttps://www.fiercepharma.com/
Date Published03/31/2022
Author NameJoseph Keenan
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bayer
Parent companyBayer AG
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Offshore, work was done:In-house
Capital investment ($):2200
Country(ies) from which reshored:Germany
City reshored to:Berkeley
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredcell and gene therapies
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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