LONZA ANNOUNCES EXPANSION PLANS FOR NEXT-GENERATION MAMMALIAN MANUFACTURING FACILITIES IN VISP (CH) AND PORTSMOUTH (US)

URLhttps://www.socma.org/lonza-announces-expansion-pl
Sourcesocma.org
Date Published05/06/2021
Author NameVictoria Morgan
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lonza Biologics Inc
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):250
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):222
Country(ies) from which reshored:Switzerland
City reshored to:Portsmouth
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredbiologics
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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