Company/Division name | Cobra Biologics |
Parent company | Cognate BioServices, Inc. |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 550 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
City reshored to: | Memphis |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | living therapeutics, viral vectors, plasmid DNA |
What domestic positive factors made reshoring more attractive? | Infrastructure, Lead time/Time to market, Under-utilized capacity |