Formulated Solutions To Create 524 Jobs At Cleveland In $43.6 Million Project

Date Published03/08/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Formulated Solutions Cleveland
Parent companyFormulated 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:-
Product(s) reshoredpharmaceuticals
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Under-utilized capacity
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