URL | https://www.newsobserver.com/news/business/article |
Source | The News & Observer |
Date Published | 01/05/2023 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Apollo Global Management |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2023 |
Capital investment ($): | 40.5 |
City reshored to: | Holly Springs |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | biopharmaceutical |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives |