$160 million facility to manufacture cancer treatment opens in Indianapolis

URLhttps://www.wrtv.com/news/local-news/160-million-f
SourceWRTV Indianapolios
Date Published07/11/2025
Author Name Taj Simmons

Additional Reshoring Information:

Company/Division name RayzeBio
Parent companyBristol Myers Squibb
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):160
City reshored to:Indianapolis
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredradiopharmaceutical treatments
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training
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