Company/Division name | Rocket Lab USA, Inc |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 100 |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 70 |
City reshored to: | Albuquerque |
State(s) reshored to: | NM |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductors for spacecraft and satellites |
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, Skilled workforce availability/training |
Government Incentive dollar amount: | $23.9 million + $25.5 million |