HP Gets $53M in Federal Dollars for Oregon R&D Hub

URLhttps://www.thomasnet.com/insights/hp-chips-fundin
SourceThomasnet
Date Published01/13/2025
Author NameAndy Szal

Additional Reshoring Information:

Company/Division name HPI Federal LLC
Parent companyHPI Federal LLC
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
Year reshoring announced:2025
Capital investment ($):53
City reshored to:Corvallis
State(s) reshored to:OR
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredmicro-electro-mechanical systems
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, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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