URL | https://www.autoblog.com/2022/09/10/wolfspeed-us-f |
Source | REUTERS |
Date Published | 09/10/2022 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Wolfspeed |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 5000 |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductor, chip maker, silicon carbide |
What domestic positive factors made reshoring more attractive? | Automation/technology, Raw Materials Cost |