GENENTECH TO EXPAND NEXT-GENERATION MANUFACTURING NETWORK WITH NEW OCEANSIDE FACILITY

URLhttps://www.gene.com/media/statements/ps_020923
SourceGenetech
Date Published02/10/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Genentech
Parent companyRoche Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):450
Country(ies) from which reshored:Switzerland
City reshored to:Oceanside
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredbiotech
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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