Biotechnology Company Selects Durham for a $40 Million Investment

URLhttps://governor.nc.gov/news/press-releases/2022/1
SourceNC Governor Roy Cooper
Date Published12/13/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Catalent
Parent companyCatalent, Inc
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2027
Capital investment ($):40
City reshored to:Durham
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharma
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:.8
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