Company/Division name | Vibalogics |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 250 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 150 |
Country(ies) from which reshored: | Germany |
City reshored to: | Boston |
State(s) reshored to: | MA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | viral vectors and viruses for vaccines |
What domestic positive factors made reshoring more attractive? | Under-utilized capacity, covid-19, growing need |