Company/Division name | Raybow USA |
Parent company | Raybow Pharmaceutical Co., Ltd |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 15.8 |
City reshored to: | Brevard |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | niche commercial API’s, pharmaceuticals |
What domestic positive factors made reshoring more attractive? | Impact on domestic economy, Under-utilized capacity |