Company/Division name | Wolfspeed |
Parent company | Wolfspeed |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 1800 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Capital investment ($): | 5000 |
City reshored to: | Chatham County |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | silicon carbide wafers for chips |
What domestic positive factors made reshoring more attractive? | Automation/technology, Eco-system synergies, Government Incentives, CHIPS |
Government Incentive dollar amount: | $775mil |