$140M Expansion Targets Flu Vaccines

URLhttps://news.thomasnet.com/featured/-140m-expansio
SourceThomas.net
Date Published11/21/2018
Author NameJeff Reinke
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Seqirus
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):120
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):140
Country(ies) from which reshored:United Kingdom
City reshored to:Holly Springs
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredquadrivalent influenza vaccine (QIVc)
What domestic positive factors made reshoring more attractive?Proximity to customers/market, meet growing US demand
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