Little Elm’s Retractable Technologies lands big contracts to supply COVID-19 vaccination syringes

SourceDallas Morning News
Date Published07/09/2020
Author NameAshton Nichols
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Retractable Technologies
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):137.4
Country(ies) from which reshored:China
City reshored to:Little Elm
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredretractable needles
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?Government Incentives, covid-19
Government Incentive dollar amount:$137.4 million
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