Tangmere business will relocate to USA

SourceChichester OBSERVER
Date Published02/08/2021
Author NameSam Morton
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Philips Sleep & Respiratory Care
Parent companyPhilips Respironics
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Country(ies) from which reshored:United Kingdom
City reshored to:Pittsburgh
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies
Product(s) reshoredrespiratory drug delivery breathing devices
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Higher productivity, Infrastructure, Manufacturing/engineering joint innovation (R&D), Under-utilized capacity
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