Seeing double: Canon carves out 2nd US medtech subsidiary with $300M investment

SourceFierce Biotech
Date Published11/29/2022
Author NameAndrea Park
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Canon Healthcare USA
Parent companyCanon Medical Systems Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):20
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):300
Country(ies) from which reshored:Japan
City reshored to:Cleveland
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredmedical device
Find Reshoring Articles