Company/Division name | Strides Pharma Inc |
Parent company | Strides Pharma Science Ltd |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 40 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2021 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 66 |
Country(ies) from which reshored: | India |
City reshored to: | Chestnut Ridge |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | Semi-solid, liquid, nasal spray, oral solid dosage |
What domestic positive factors made reshoring more attractive? | Government Incentives, New York State |
Government Incentive dollar amount: | $10 million |