Company/Division name | API Innovation Center |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
City reshored to: | St. Louis |
State(s) reshored to: | MO |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | Critical Drug Ingredients, treatment of glioblasto |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Skilled workforce availability/training, Biden |
Government Incentive dollar amount: | $1 million grant from Biden's Build Back Better |