Multiply Labs Announces $20 Million Series A to Pioneer Robotic Manufacturing of Individualized Drugs

URLhttps://www.valdostadailytimes.com/news/business/m
SourceValdosta Dailey Times
Date Published04/14/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Multiply Labs
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):20
City reshored to:San Francisco
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Chemicals, Computer & Electronic Products, Transportation Equipment, biopharma
Product(s) reshoredrobotics, pharmaceuticals
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training, Under-utilized capacity
Find Reshoring Articles