GlobalWafers America, MEMC to Receive Up to $406M in CHIPS Funding

URLhttps://www.thomasnet.com/insights/globalwafers-am
Sourcethomasnet.com
Date Published01/07/2025

Additional Reshoring Information:

Company/Division name MEMC Electronic Materials
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1300
Year reshoring announced:2025
Capital investment ($):203
City reshored to:St. Peters
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredchips
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies
Government Incentive dollar amount:up to $203 million
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