X-FAB Expands Lubbock, Texas, Operations

URLhttps://www.areadevelopment.com/newsItems/5-21-202
SourceArea Development
Date Published05/21/2023

Additional Reshoring Information:

Company/Division name X-FAB
Parent companyX-FAB
Reshoring category:Reshoring
Total number of jobs (added or to be added):250
Year reshoring announced:2023
Capital investment ($):200
City reshored to:Lubbock
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredhigh-quality semiconductor wafers
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies, Skilled workforce availability/training, CHIPS
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