Company/Division name | Applied Materials, Inc. |
Parent company | Applied Materials, Inc |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
Capital investment ($): | 4000 |
City reshored to: | Sunnyvale |
State(s) reshored to: | CA |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductor chips and chipmaking tools |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Govt. Policy and subsidies, Manufacturing/engineering joint innovation (R&D), CHIPS and Science Act |