| URL | https://www.prnewswire.com/news-releases/velico-an |
| Source | PRNewswire |
| Date Published | 11/18/2025 |
| Company/Division name | Velico |
| Parent company | Velico Medical Inc |
| Type of work | Manufacturing |
| Reshoring category: | Reshoring |
| Year reshoring announced: | 2025 |
| City reshored to: | Beverly |
| State(s) reshored to: | MA |
| If relevant, work nearshored to: | - |
| Industry(ies): | Chemicals |
| Product(s) reshored | medical equipment |
| What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
| What domestic positive factors made reshoring more attractive? | Customization/Flexibility, Higher productivity, Image/brand, Infrastructure, Lead time/Time to market, Proximity to customers/market |