Four semiconductor makers announce $277M investment in Indiana

URLhttps://www.thecentersquare.com/indiana/four-semic
SourceThe Center Square
Date Published11/21/2022
Author NameLawrence Wilson

Additional Reshoring Information:

Company/Division name Reliable Microsystems
Parent companyReliable Microsystems
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):61
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Capital investment ($):7.3
City reshored to:Odon
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Govt. Policy and subsidies, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
Government Incentive dollar amount:1,850,000
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