Nu-Tek BioSciences to Build Dedicated Animal-free Peptone Manufacturing Facility to Service Growing Biologics Supply Chain Demands

URLhttps://www.businesswire.com/news/home/20210303005
Sourcebusinesswire
Date Published03/03/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Nu-Tek BioSciences, LLC
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
City reshored to:Austin
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Chemicals, biopharma
Product(s) reshoredanimal-free peptone, protein hydrolysate, peptones
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?Infrastructure, Impact on domestic economy, Lead time/Time to market, Skilled workforce availability/training, Other, Covid-19, import replacement
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