On Demand Pharmaceuticals Picks Maryland For HQ

URLhttps://businessfacilities.com/2021/01/on-demand-p
SourceBusiness Facilities
Date Published01/26/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name On Demand Pharmaceuticals
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):75
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
City reshored to:Rockville
State(s) reshored to:MD
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredPharmacy on Demand (PoD) technology
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?Customization/Flexibility, Government Incentives, covid-19
Government Incentive dollar amount:$20 million contract
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