Biden touts new $3.3 billion Microsoft data center at failed Foxconn site Trump backed

URLhttps://www.reuters.com/world/us/biden-unveil-33-b
SourceReuters
Date Published05/08/2024
Author NameAndrea Shalal

Additional Reshoring Information:

Company/Division name Microsoft
Parent companyMicrosoft
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):2000
Year reshoring announced:2025
Year reshoring implemented or to be implemented:2030
Capital investment ($):3300
City reshored to:Racine County
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredcomputer components
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Manufacturing/engineering joint innovation (R&D), Under-utilized capacity, chips, infrasture
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