Oshi moves plant-based salmon production to US

URLhttps://www.foodbusinessnews.net/articles/26553-os
SourceFood Business News
Date Published08/06/2024

Additional Reshoring Information:

Company/Division name Oshi
Parent companyOshi
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):14.5
Country(ies) from which reshored:Israel
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredalternative salmon
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, in Israel, mycelium is not accepted by mainstream
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