Two manufacturers make $15m investment in Alabama facilities

URLhttps://www.bizjournals.com/birmingham/news/2018/0
SourceBirmingham Business Journal
Date Published02/23/2018
Author NameHanno van der Bijl
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pharmavite LLC
Parent companyOtsuka Pharmaceutical
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):15
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):5.6
Country(ies) from which reshored:Japan
City reshored to:Opelika
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredVitamins, supplements, nutritional bars
What domestic positive factors made reshoring more attractive?Government Incentives
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