SkyWater Florida and Deca Technologies Announce $120M DOD Award to Expand Advanced Packaging Capabilities in Osceola County, Florida

URLhttps://www.businesswire.com/news/home/20240110104
SourceBusiness Wire
Date Published01/10/2024

Additional Reshoring Information:

Company/Division name SkyWater Technology with Deca Technology
Parent companySkyWater Technology
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
City reshored to:Osceola County
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredfan-out wafer level packaging (FOWLP)
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), DOD Contract with SkyWater and Osceola County FL
Government Incentive dollar amount:$190 mil
Find Reshoring Articles