NEXT-GEN ONCOLOGY COMPANY PLANS 100+ JOBS

URLhttps://www.buildingindiana.com/next-gen-oncology-
SourceBuilding Indiana Business
Date Published05/28/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name POINT Biopharma
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):25
Country(ies) from which reshored:Canada
City reshored to:Indianapolis
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredradiopharmaceuticals
What domestic positive factors made reshoring more attractive?Automation/technology, Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market, Skilled workforce availability/training
Government Incentive dollar amount:$1,275,000 + $500,000
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