$400M in CHIPS funding goes to GlobalWafers

URLhttps://www.manufacturingdive.com/news/400-million
SourceManufacturing Dive
Date Published07/18/2024

Additional Reshoring Information:

Company/Division name GlobalWafers
Type of work Call Center
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):440
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):200
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:St. Peters
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsilicon wafers
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies
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