SHL Medical announces plans for a new manufacturing site in the US

URLhttps://www.prnewswire.com/in/news-releases/shl-me
SourceCISION PR Newswire
Date Published07/18/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SHL Medical
Parent companySHL Medical
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):165
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Capital investment ($):90
Country(ies) from which reshored:Switzerland
City reshored to:North Charleston
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Chemicals, Medical Equipment & Supplies
Product(s) reshoredmedical device injection molding
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
Find Reshoring Articles