Biden admin touts $137M deal for COVID test strip factory the company says it will take 3 years to build

SourceFox Business
Date Published12/27/2021
Author NameBreck Dumas
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MilliporeSigma
Parent companyMerck KGaA
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Country(ies) from which reshored:Germany
City reshored to:Sheboygan
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshorednitrocellulose membranes for covid test
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
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