Company/Division name | Absolics |
Parent company | SK Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | Korea, South |
City reshored to: | Covington |
State(s) reshored to: | GA |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | glass substrate for semiconductors |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies |
Government Incentive dollar amount: | $75 million |