Company/Division name | Formulated Solutions Cleveland |
Parent company | Formulated Solutions |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 524 |
Year reshoring announced: | 2023 |
Capital investment ($): | 43.6 |
Country(ies) from which reshored: | United States |
City reshored to: | Bradley County |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | pharmaceuticals |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Under-utilized capacity |