Valley of the Sun: A Case Study in High-Tech Cluster Formation

URLhttps://siteselection.com/issues/2022/nov/valley-o
SourceSite Selection Magazine
Date Published11/30/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sunlit Chemical
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):100
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Phoenix
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredindustrial chemicals for semiconductors, solar
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?Government Incentives, CHIPS Act, Biden
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