GlobalWafers to build $5bn U.S. plant after Siltronic bid fails

SourceNikkei Asia
Date Published06/28/2022
Author NameCHENG TING-FANG and LAULY LI, Nikkei
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GlobalWafers
Parent companyGlobalWafers
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1500
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2025
Capital investment ($):5000
Country(ies) from which reshored:Taiwan, Province of China
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsilicon wafers
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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