EV Supply Chain Expands with Michigan's New Semiconductor Wafer Plant

SourceIndustry Week
Date Published08/26/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SK Siltron CCS
Parent companySK Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):150
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):302
Country(ies) from which reshored:Korea, Republic of
City reshored to:Monitor Township
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?Skilled workforce availability/training
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