South Korean and US officials applaud $300M Bay County semiconductor manufacturing plant expansion

URLhttps://www.mlive.com/news/saginaw-bay-city/2022/0
Sourcehttps://www.mlive.com
Date Published03/17/2022
Author NameCaitlyn French
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SK Siltron CSS
Parent companySK Siltron CSS
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):150
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Capital investment ($):300
Country(ies) from which reshored:Korea, Republic of
City reshored to:Auburn
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor wafers
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
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