Amid IV shortage, B. Braun invests $1B to double US production

URLhttps://www.foxbusiness.com/healthcare/iv-shortage
SourceFox Business
Date Published05/14/2019
Author NameJoe Williams
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name B Braun Medical Inc
Parent companyB. Braun Melsungen
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):300
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Capital investment ($):1000
Country(ies) from which reshored:Germany
City reshored to:Daytona Beach
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredIV products
What domestic positive factors made reshoring more attractive?Higher productivity, Infrastructure, Proximity to customers/market
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