Company/Division name | Wolfspeed Inc |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 5000 |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products, Nonmetallic Mineral Products |
Product(s) reshored | silicon carbide wafers |
What domestic positive factors made reshoring more attractive? | Government Incentives, Under-utilized capacity |