$100 million EB-5 project AnC Bio breaks ground in Newport

SourceVermont Biz
Date Published05/14/2015
Author NameTimothy McQuiston
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name AnC Bio Vermont
Parent companyAnC Bio
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):450
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2016
Domestically, the work will be done:In-house
Capital investment ($):100
Country(ies) from which reshored:Korea, Republic of
City reshored to:Newport
State(s) reshored to:VT
If relevant, work nearshored to:-
Product(s) reshoredStem cells
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