Nonprofit drug maker to begin manufacturing this year at $140M Petersburg plant

URLhttps://richmondbizsense.com/2023/01/23/nonprofit-
SourceRichmond Biz Sense
Date Published01/23/2023
Author NameJack Jacobs
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Civica Rx
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):190
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):140
City reshored to:Petersburg
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpre-filled syringes, insulin
What domestic positive factors made reshoring more attractive?Eco-system synergies, Manufacturing/engineering joint innovation (R&D)
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