U.S. Specialty Formulations Expands Production in Allentown, Pennsylvania

URLhttps://www.areadevelopment.com/newsItems/12-4-202
SourceArea Development
Date Published12/04/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name U.S. Specialty Formulations
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):97
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):5.2
City reshored to:Allentown
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredcovid-19 vaccine
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Skilled workforce availability/training, covid-19
Government Incentive dollar amount:$2.7 million
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