URL | https://www.wsj.com/articles/former-pittsburgh-ste |
Source | Wall Street Journal |
Date Published | 11/17/2021 |
Author Name | Kris Maher |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Pitt BioForge |
Parent company | Pitt BioForge |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2021 |
Year reshoring implemented or to be implemented: | 2022 |
Capital investment ($): | 100 |
City reshored to: | Pittsburgh |
State(s) reshored to: | PA |
If relevant, work nearshored to: | - |
Industry(ies): | Chemicals |
Product(s) reshored | gene therapy |
What domestic positive factors made reshoring more attractive? | Government Incentives, Infrastructure, Image/brand, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity |