Type
Reshoring
Country
France
Reshoring from
China
Reshored business function
Production
Region
Location of affected unit(s)
Alsatia
Sector
Manufacturing
Manufacture Of Chemicals And Pharamceuticals
Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations
21 - Manufacture Of Basic Pharmaceutical Products And Pharmaceutical Preparations

12 jobs
Number of planned job creations
Job creation
Announcement Date
13 September 2020
Employment effect (start)
13 September 2020
Foreseen end date
31 December 2021

Description

Biosynex is an Alsatian medical equipment company, with 210 employees. The company primarily manufactured its products in Asia and handled final packaging in France and in 2019, only 13% of its references were manufactured in Alsatia, with all or part of imported components. During the Covid crisis, the company recognized its dependence on Chinese suppliers and decided to increase local production from 13% in 2019 to 30% in 2021, prioritizing high-value-added items. In 2021, Biosynex invested 1.5 million euros in new facilities for producing Covid tests and contactless thermometers. The initial recruitment for rapid testing units is expected to involve 10 to 12 people. The company secured preliminary approval for a 450,000€ subsidy from the Grand Est region


Sources

Citation

Eurofound (2020), Biosynex, Reshoring in France, factsheet number 263, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/263.