Biden administration says New Hampshire computer chip plant the first to get funding from CHIPS law

Sourceyahoo finance
Date Published12/11/2023
Author NameJOSH BOAK

Additional Reshoring Information:

Company/Division name BAE Systems
Parent companyBAE Systems
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Capital investment ($):35
City reshored to:New Hampshire
State(s) reshored to:WA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredChips for military aircraft
What domestic positive factors made reshoring more attractive?Government Incentives, President Joe Biden, coronavirus pandemic
Government Incentive dollar amount:Federal investments in computer $35 million
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