Company/Division name | Kyowa Kirin |
Parent company | Kirin Holdings |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2028 |
Capital investment ($): | 200 |
Country(ies) from which reshored: | Japan |
City reshored to: | Sanford |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | targeted clinical & commercial biologic therapies |
What non-domestic negative factors made offshoring less attractive? | Quality/rework/warranty |
What domestic positive factors made reshoring more attractive? | Government Incentives, Higher productivity, Image/brand, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, State Economic reimbursements over 12 years |
Government Incentive dollar amount: | $1,611,000 |