Company/Division name | HyRel Technologies |
Parent company | HyRel 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) reshored | quick 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 |