VERNAL BIOSCIENCES AWARDED VERMONT TRAINING GRANT

URLhttps://accd.vermont.gov/press-releases/vernal-bio
SourceState of Vermont Website
Date Published04/12/2022
Author NameNate Formalarie
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Vernal Biosciences
Parent companyVernal Biosciences,
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):23
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Capital investment ($):0.099475
City reshored to:Colchester
State(s) reshored to:VT
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredmRNA and lipid nanoparticle process (LNP)
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$99,475
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