Semiconductor manufacturer expanding in Greensboro

URLhttps://www.carolinajournal.com/semiconductor-manu
SourceThe Carolina
Date Published11/08/2024
Author NameKatherine Zehnder

Additional Reshoring Information:

Company/Division name IQE Inc.
Parent companyIQE Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):109
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Capital investment ($):309
City reshored to:Greensboro
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSemiconductors and microelectronics
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Infrastructure, Skilled workforce availability/training
Government Incentive dollar amount:275,000
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