A new era of industrial policy kicks off with signing of the Chips Act

SourceWashington Post
Date Published08/09/2022

Additional Reshoring Information:

Company/Division name Intel
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):20,000
City reshored to:Johnstown
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemicnductor
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, Biden, CHIPS act
Government Incentive dollar amount:$20 billion
Find Reshoring Articles