Company/Division name | Albany Nanotech |
Reshoring category: | Reshoring |
Year reshoring announced: | 2024 |
City reshored to: | Albany |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductor extreme ultraviolet, EUV lithography |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |