URL | https://www.genengnews.com/topics/bioprocessing/vg |
Source | Genetic Engineering and Biotechnology News |
Date Published | 10/14/2022 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | VGXI |
Parent company | GeneOne |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Conroe |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | biopharmaceuticals |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market |