Electronic Materials Manufacturer Agrees to $800 Million Deal to Expand U.S. Operations

SourceThomas Insights
Date Published07/06/2021
Author NameAndy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MEMC Electronic Materials
Parent companyGlobalWafers
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):75
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):210
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:O’Fallon
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, telecommunications, automotive, aerospace
Product(s) reshored300-millimeter silicon wafers for semiconductors
What domestic positive factors made reshoring more attractive?Government Incentives, Lead time/Time to market, Under-utilized capacity, Other, import replacement
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