Company/Division name | GM |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | Outsourced |
City reshored to: | Malta |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductors from GlobalFoundries |
What non-domestic negative factors made offshoring less attractive? | Loss of control, Quality/rework/warranty, Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives |
Government Incentive dollar amount: | CHIPS Act |