SEM Wafertech-Solar4America Technology Plan Sumter, South Carolina, Silicon Wafer Slicing Plant

URLhttps://www.areadevelopment.com/newsitems/4-27-202
SourceArea Development
Date Published04/27/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SEM Wafertech Inc. wit Solar4America Technology
Parent companySPI Energy
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):300
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2023
Capital investment ($):65.9
City reshored to:Sumter
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsilicon wafers
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Infrastructure, Image/brand, Impact on domestic economy, Lead time/Time to market, Rural Infrastructure Fund (RIF) grant
Government Incentive dollar amount:$1.5mil
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