Moderna to spend $322M on new Massachusetts biomanufacturing facility

Date Published06/01/2023
Author NameMegan Ruggles

Additional Reshoring Information:

Company/Division name Moderna Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):322
City reshored to:Marlborough
State(s) reshored to:MA
If relevant, work nearshored to:-
Product(s) reshoredpharma
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, tax increment financing deal
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