HYREL TECHNOLOGIES COMMENCES OPERATIONS AT MANUFACTURING FACILITY IN PEORIA

URLhttps://www.azcommerce.com/news-events/news/2023/2
SourceArizona Commerce
Date Published02/15/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name HyRel Technologies
Parent companyHyRel Technologies
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):50
Year reshoring announced:2023
Capital investment ($):15
City reshored to:Peoria
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredquick turn semiconductor modification solutions
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Skilled workforce availability/training, autoreshore chips
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