Summit Biosciences Expands Production in Lexington, Kentucky

SourceArea Development News Desk
Date Published10/01/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Summit Biosciences Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):78
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2030
Domestically, the work will be done:In-house
Capital investment ($):19
City reshored to:Lexington
State(s) reshored to:KY
If relevant, work nearshored to:-
Product(s) reshorednasal spray medicine, prescription nasal sprays
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Skilled workforce availability/training, Other, Covid-19, tax incentives
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