Manufacturer spends $2.29M for Tonawanda land to prep for new facility

URLhttps://www.ciminelli.com/manufacturer-spends-2-29
SourceCiminelli Real Estate
Date Published12/29/2023

Additional Reshoring Information:

Company/Division name IMA Life North America
Parent company IMA Group
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Capital investment ($):2.29
Country(ies) from which reshored:Italy
City reshored to:Tonawanda
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredPharmaceutical equipment
What domestic positive factors made reshoring more attractive?Government Incentives, Erie County Indust. Dev. Agency Tax incentive
Government Incentive dollar amount:$3.2 mil
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