Company/Division name | Moderna Inc. |
Parent company | Moderna |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 200 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 322 |
City reshored to: | Marlborough |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | pharma manufacturing |
What domestic positive factors made reshoring more attractive? | Government Incentives, Under-utilized capacity, tax increment financing (TIF) deal |
Government Incentive dollar amount: | No property taxes until 2026 |