Contigo Compounding and Infusion Pharmacy Plans Albuquerque, New Mexico, Production Complex

URLhttps://www.areadevelopment.com/newsitems/7-21-202
SourceArea Development
Date Published07/21/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Contigo Compounding and Infusion Pharmacy
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):22
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):1.3
City reshored to:Albuquerque
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpersonalized medications, sterile compounding
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training, Other, import replacement
Government Incentive dollar amount:$150,000
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