India-Based Lupin Limited Opens Somerset, New Jersey, Manufacturing Hub

URLhttp://www.areadevelopment.com/newsItems/5-10-2017
Sourceareadevelopment.com
Date Published05/10/2017
Author NameN/A
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lupin Limited
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):380
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2017
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):880
Country(ies) from which reshored:India
City reshored to:Somerset
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharmaceuticals
What domestic positive factors made reshoring more attractive?Impact on domestic economy
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