Italy-Based Stevanato Group Plans Fishers, Indiana, U.S. Operations

SourceArea Development
Date Published06/25/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Stevanato Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):230
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):145
Country(ies) from which reshored:Italy
City reshored to:Fishers
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoreddrug containment, drug delivery and diagnostic
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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