Moderna Soars After $483 Million Covid-19 Agreement With U.S.

URLhttps://www.bloombergquint.com/coronavirus-outbrea
SourceBloomberg
Date Published04/17/2020
Author NameRobert Langreth
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Moderna Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):150
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):483
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredcovid-19 vaccine
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, covid-19
Government Incentive dollar amount:$483 million (grant)
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