Audentes Therapeutics Locates Manufacturing Campus in Sanford, North Carolina

URLhttps://www.areadevelopment.com/newsItems/2-20-202
SourceArea Development
Date Published02/20/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Audentes Therapeutics
Parent companyAstellas Co
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):209
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Capital investment ($):109
City reshored to:Sanford
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredgenetic medicine
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Higher productivity, Infrastructure, Lead time/Time to market, Lean/other business process improvement techniques, Skilled workforce availability/training
Government Incentive dollar amount:3.7
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