Manufacturing's return to America

SourceFox Business
Date Published08/11/2017
Author NameFox Business News
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Akoustis Technologies, Inc.
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):1000
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Country(ies) from which reshored:United States
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredRadio frequency & bulk acoustic wave filters
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Higher productivity, Infrastructure (transport, internet, power), Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity
Government Incentive dollar amount:$8,000,000
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