DoD Invests CARES Act Funds for Diagnostic Testing, Defense Subsystem Manufacturing Efforts

SourceBlog- executive biz
Date Published08/24/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BioFire Defense
Parent companybioMerieux
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):3.1
Country(ies) from which reshored:France
City reshored to:Salt Lake City
State(s) reshored to:UT
If relevant, work nearshored to:-
Product(s) reshoredcovid-19 diagnostic kits
What domestic positive factors made reshoring more attractive?Government Incentives, covid-19
Government Incentive dollar amount:3.1 million
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