Perrigo Investing $170 Million in Infant Formula Manufacturing

URLhttps://www.thomasnet.com/insights/perrigo-investi
SourceThomasNet
Date Published11/18/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Perrigo
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):170
Country(ies) from which reshored:Ireland
City reshored to:Eau Claire
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredbaby formula
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty, Regulatory compliance, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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