Alcon considering $100 million manufacturing expansion in south Fort Worth

SourceKera News
Date Published10/24/2023
Author NameBob Francis

Additional Reshoring Information:

Company/Division name Alcon
Parent companyNovartis
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) reshoredeye 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
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