MacroFab secures $42M funding as US OEMs ramp up nearshoring and reshoring of electronics production

URLhttps://finance.yahoo.com/news/macrofab-secures-42
SourceYahoo Finance
Date Published04/12/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MacroFab
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Domestically, the work will be done:Both
Capital investment ($):42
City reshored to:Houston
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredelectronics manufacturing platform
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
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