Siemens Healthineers invests $300m in US laboratory diagnostics manufacturing facility

URLhttps://www.compelo.com/medical-devices/news/sieme
SourceCompelo
Date Published12/05/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Siemens Healthineers
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):275
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):300
Country(ies) from which reshored:Germany
City reshored to:Walpole
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredlaboratory diagnostics reagents and devices
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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