Pharmaceutical Company Breaks Ground On Indiana Manufacturing Site

URLhttps://indianapublicmedia.org/news/pharmaceutical
SourceIndiana Public Media
Date Published10/19/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Advanced Accelerator Applications
Parent companyNovartis
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):72
Country(ies) from which reshored:Switzerland
City reshored to:Indianapolis
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredradioligand therapy, prescription drug
What domestic positive factors made reshoring more attractive?Infrastructure, Lead time/Time to market, Skilled workforce availability/training
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