Valent BioSciences Corporation Opens $146 Million Biorational Manufacturing Facility In Osage, Iowa

URLhttp://www.areadevelopment.com/newsItems/6-27-2014
SourceArea Development
Date Published06/27/2014
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Valent BioSciences Corportation
Parent companySumitomo Chemical Company
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Transplant
Year reshoring announced:2014
Capital investment ($):146
Country(ies) from which reshored:Japan
City reshored to:Osage
State(s) reshored to:IA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredBiorational agricultural products
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement
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