Corning to get $57 million from U.S. government to boost vial production for COVID-19 vaccines

URLhttps://www.reuters.com/article/us-health-coronavi
SourceReuters
Date Published03/26/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Corning Inc.
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:Corning
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredpharmaceutical glass tubing, glass vials
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity, Other, import replacement, Covid-19
Government Incentive dollar amount:$57 million
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