Raytheon Technologies and GLOBALFOUNDRIES Partner to Accelerate 5G Wireless Connectivity

Date Published05/19/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GLOBALFOUNDRIES
Parent companyMubadala Investment Company
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Domestically, the work will be done:Both
Country(ies) from which reshored:United Arab Emirates
City reshored to:Burlington
State(s) reshored to:VT
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredgallium nitride on silicon semiconductors
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Under-utilized capacity, Other, import replacement
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