Sen. John Cornyn visits Lubbock promoting CHIPS for America Act

URLhttps://www.kcbd.com/2023/07/18/sen-john-cornyn-vi
SourceKCBD
Date Published07/17/2023
Author NameNatalie Faulkenberry

Additional Reshoring Information:

Company/Division name X-FAB
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):200
Country(ies) from which reshored:Germany
City reshored to:Lubbuck
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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