Semiconductor manufacturer Entegris expands Colorado presence with new Colorado Springs facility

URLhttps://www.koaa.com/news/covering-colorado/semico
Sourcekoaa.com
Date Published12/20/2022
Author NameDevan Karp
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Entegris, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):600
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):600
City reshored to:Colorado Springs
State(s) reshored to:CO
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors
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
Government Incentive dollar amount:$115 million
Find Reshoring Articles