Federal pharma ingredient stockpile is under construction in Virginia

URLhttps://www.marketplace.org/2021/10/19/federal-pha
SourceMarketplace
Date Published10/19/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Medicines for All Institute
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
City reshored to:Petersburg
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharmaceutical ingredients, sedatives, antibiotics
What domestic positive factors made reshoring more attractive?Government Incentives, Other, import replacement, Covid-19, national stockpile
Government Incentive dollar amount:$354 million
Find Reshoring Articles