Apple supplier begins construction of $12BN US plant in Arizona

Date Published06/02/2021
Author NameStephen Warwick
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TSMC
Parent companyTaiwan Semiconductor Manufacturing Co.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):250
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):12,000
Country(ies) from which reshored:China,Taiwan, Province of China
City reshored to:Phoenix
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshorediPhone 12
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:$200 million
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