Locations For The Biotech Industry: Microscopic Miracles

URLhttps://businessfacilities.com/2021/04/locations-f
SourceBusiness Facilities
Date Published04/28/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name BioAgilytix
Parent companyRiverside Partners
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):878
Year reshoring announced:2020
Capital investment ($):61.5
City reshored to:Durham
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredbioanalytical testing for drug candidates
What domestic positive factors made reshoring more attractive?Under-utilized capacity, Other, import replacement
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