Company/Division name | SkyWater Technology |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 70 |
Year reshoring announced: | 2024 |
Capital investment ($): | 127 |
City reshored to: | Bloomington |
State(s) reshored to: | MN |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semicomductors |
What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies |
Government Incentive dollar amount: | $16M (fed) + $19 M (state) |