Intel to Invest $3.5 Billion to Scale Up Advanced Packaging Operations

SourceElectronic Design
Date Published05/10/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Intel Corporation
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):700
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):3500
City reshored to:Rio Rancho
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredchips
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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