BioMADE Receives $450M Budget Increase from The Department of Defense

SourceBioMADE website
Date Published03/07/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BioMADE
Parent companyBioMADE
Type of work Manufacturing
Reshoring category:Reshoring
Country(ies) from which reshored:United States
If relevant, work nearshored to:-
Product(s) reshoredLeading US Bioindustrial Manufacturing industry
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
Government Incentive dollar amount:450 million from DoD
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