J&J to invest over $2 billion for new manufacturing facility in North Carolina

URLhttps://www.reuters.com/business/healthcare-pharma
Sourcereuters
Date Published10/01/2024

Additional Reshoring Information:

Company/Division name Johnson & Johnson
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):400
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):2000
City reshored to:Wilson
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredbiologic medicines
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
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