SCHUMER ANNOUNCES NEARLY $44 MILLION FOR SYRACUSE’S JMA WIRELESS FROM HIS BIPARTISAN CHIPS & SCIENCE LAW TO PIONEER NEW STATE-OF-THE-ART AMERICAN-MADE 5G TECHNOLOGY, CREATING NEW, GOOD-PAYING JOBS, & NEW PRODUCTION IN CENTRAL NY

URLhttps://www.schumer.senate.gov/newsroom/press-rele
Sourceschumer.senate.gov
Date Published12/12/2024

Additional Reshoring Information:

Company/Division name JMA WIRELESS
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):30
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):75
City reshored to:Syracuse
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshored5G networks, wireless communications
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Geopolitical Risk, Government Incentives, Govt. Policy and subsidies, Intellectual property risk
Government Incentive dollar amount:$43,940,612 (federal)
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