Pfizer to make major investment in vaccine R&D and manufacturing site in New York

URLPfizer to make major investment in vaccine R&D and
SourceENPOINTS NEWS
Date Published07/21/2022
Author NameTyler Patchen
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pfizer Inc.
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):470
City reshored to:Pearl River
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredoral antiviral pill, Paxlovid
What domestic positive factors made reshoring more attractive?Under-utilized capacity, Other, COVID-19
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