Medical Manufacturer Investing $150M, Hiring 1,200

URLhttps://www.manufacturing.net/operations/news/2141
SourceManufacturing.net
Date Published05/04/2021

Additional Reshoring Information:

Company/Division name SafeSource Direct
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1200
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):150
City reshored to:Broussard
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredPPE
What non-domestic negative factors made offshoring less attractive?Loss of control, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Government Incentives, Lead time/Time to market, Under-utilized capacity
Government Incentive dollar amount: $10.5 million
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