Granules Establishes Prince William County, Virginia, Pharmaceutical Packaging Complex

SourceArea Development
Date Published12/02/2022
Author NameArea Development News Desk

Additional Reshoring Information:

Parent companyGranules India Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):57
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Capital investment ($):12.5
Country(ies) from which reshored:India
City reshored to:Manassas
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredPharma Packaging
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
Government Incentive dollar amount:$200,000
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