Pharma manufacturing firm to expand operations in RTP – again

SourceWral Tech Wire
Date Published06/10/2020
Author NameBryant Haskins
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MedPharm Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2019
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):4
Country(ies) from which reshored:United Kingdom
City reshored to:Durham
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredtopical and transdermal pharmaceutical products
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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