Company/Division name | GlobiTech, Inc. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1500 |
Year reshoring announced: | 2022 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Taiwan, Province of China |
City reshored to: | Sherwin |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | 300mm silicon wafers |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | $15 million |