Company/Division name | GlobalFoundries Inc |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2023 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 3100 |
City reshored to: | Malta |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | chips |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Geopolitical Risk, Government Incentives, Intellectual property risk , DoD contract, CHIPS |