Company/Division name | Absolics Inc |
Parent company | SKC Co. Ltd |
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: | 2026 |
Capital investment ($): | 600 |
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 |
Product(s) reshored | glass substrate for semiconductors |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, supply chain |