Locations For The Biotech Industry: Microscopic Miracles

SourceBusiness Facilities
Date Published04/28/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Spiber America LLC
Parent companySpiber Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Domestically, the work will be done:Both
Country(ies) from which reshored:Japan
City reshored to:Clinton
State(s) reshored to:IA
If relevant, work nearshored to:-
Industry(ies):Chemicals, apparel, auto
Product(s) reshoredbio-based, biodegradable protein polymers
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:$1 million
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