Biospectra: Reshoring and Onshoring Premium Pharmaceutical Products for over 25 Years

URLhttps://www.biospectra.us/images/whitepapers/BSI-O
Sourcepdf
Date Published08/22/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BioSpectra
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
Year reshoring announced:2020
Year reshoring implemented or to be implemented:1995
Domestically, the work will be done:In-house
City reshored to:Bangor
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharmaceutical ingredients
What non-domestic negative factors made offshoring less attractive?Intellectual property risk, Quality/rework/warranty, Social/ethical concerns, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Lead time/Time to market, Skilled workforce availability/training
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