URL | https://www.businesswire.com/news/home/20230124005 |
Source | BusinessWire |
Date Published | 01/24/2023 |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | Vorago Technologies |
Parent company | Vorago with SkyWater Technologies |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
City reshored to: | Austin |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductors |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Image/brand, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, CHIPS |