URL | https://www.thepharmaletter.com/article/wuxi-biolo |
Source | ThePharmaLetter |
Date Published | 06/11/2018 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | WuXi Biologics |
Parent company | WuXi Pharma Tech |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 150 |
Capital investment ($): | 60 |
Country(ies) from which reshored: | Hong Kong |
City reshored to: | Worchester |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | biopharmaceuticals |
What domestic positive factors made reshoring more attractive? | Customer responsiveness improvement, Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training |