Company/Division name | The Ritedose Corp. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 94 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 81 |
City reshored to: | Columbia |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | respiratory medications, ophthalmic medicines |
What domestic positive factors made reshoring more attractive? | Government Incentives, Lead time/Time to market, Under-utilized capacity |
Government Incentive dollar amount: | $500,000 Set-Aside grant |