Company/Division name | Alcon |
Parent company | Novartis |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2028 |
Offshore, work was done: | In-house |
Domestically, the work will be done: | In-house |
Capital investment ($): | 153 |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Forth Worth |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals, Medical Equipment & Supplies |
Product(s) reshored | eye car products |
What domestic positive factors made reshoring more attractive? | Government Incentives, Applied to Texas Enterprise Zone Program |
Government Incentive dollar amount: | $1.25M if accepted |