New Richmond pharma startup aims to shore up U.S. generic drug supply

URLhttps://richmondbizsense.com/2020/05/01/new-richmo
SourceRichmond Biz Sense
Date Published05/01/2020
Author NameMike Platania
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Phlow Corp.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Capital investment ($):6
City reshored to:Richmond
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredgeneric pharmaceuticals
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy
Government Incentive dollar amount:$6 million
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