Gov. Kemp: SK Group to Locate First of its Kind Glass-basedGov. Kemp: SK Group to Locate First of its Kind Glass-based Semiconductor-part Venture in Covington Semiconductor-part Venture in Covington

URLGov. Kemp
Date Published10/28/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SKC
Parent companySK Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):473
Country(ies) from which reshored:Korea, Republic of
City reshored to:Covington
State(s) reshored to:GA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Nonmetallic Mineral Products
Product(s) reshoredglass-based substrates for semiconductor chips
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?Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
Find Reshoring Articles