Company/Division name | Simtra BioPharma Solutions |
Parent company | Advent International and Warburg Pincus |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Reshoring |
Year reshoring announced: | 2024 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 250 |
City reshored to: | Bloomington |
State(s) reshored to: | IN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals, Medical Equipment & Supplies |
Product(s) reshored | Sterile Fill/Finish Manufacturing |
What domestic positive factors made reshoring more attractive? | Better Control of Process/Delivery/Factory, Customization/Flexibility, Higher productivity, Manufacturing/engineering joint innovation (R&D) |