Regeneron pledges $2B to convert former magazine factory into drug plant: NY governor

URLhttps://www.fiercepharma.com/manufacturing/regener
SourceFierce Pharma
Date Published11/18/2025

Additional Reshoring Information:

Company/Division name Regeneron Pharmaceuticals
Parent companyRegeneron
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1000
Year reshoring announced:2025
Capital investment ($):2000
City reshored to:Saratoga Springs
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharma
What non-domestic negative factors made offshoring less attractive?Supply chain interruption, Tariffs
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Infrastructure, Skilled workforce availability/training, Under-utilized capacity
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