Micron to invest $15 billion in new U.S. manufacturing unit

URLhttps://www.reuters.com/technology/micron-invest-1
SourceReuters
Date Published09/01/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Micron Technology
Parent companyMicron Technology
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):17000
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2032
Capital investment ($):1500
City reshored to:Boise
State(s) reshored to:ID
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredEVs, chips, fiber optics
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?Eco-system synergies, Government Incentives, Image/brand, Proximity to customers/market
Find Reshoring Articles