$125M pharma manufacturing plant coming to Petersburg

URLhttps://www.virginiabusiness.com/article/125m-phar
SourceVirginia Business
Date Published01/21/2021

Additional Reshoring Information:

Company/Division name Civica Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):186
Year reshoring announced:2018
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):124.5
City reshored to:Petersburg
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredvials, syringes of injectable medicines
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Impact on domestic economy, Skilled workforce availability/training, Under-utilized capacity, Other, Covid-19
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