Parent company | Bayer |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 43.6 |
Country(ies) from which reshored: | Germany |
City reshored to: | Myerstown |
State(s) reshored to: | PA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | OTC Drugs |
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? | Eco-system synergies, Higher productivity, Lean/other business process improvement techniques |