Company/Division name | Maxeon Solar Technologies |
Parent company | Maxeon Solar Technologies |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1800 |
Year reshoring announced: | 2023 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 1000 |
Country(ies) from which reshored: | Singapore |
City reshored to: | Albuquerque |
State(s) reshored to: | NM |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | solar cell |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Lean/other business process improvement techniques, Inflation Reduction Act |