SEEQC Establishes Elmsford, New York, Superconductive Chip Foundry

URLhttps://www.areadevelopment.com/newsItems/10-28-20
SourceArea Development
Date Published10/28/2022

Additional Reshoring Information:

Company/Division name SEEQC
Parent companySEEQC
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):29
Year reshoring announced:2022
Capital investment ($):3
City reshored to:Elmsford
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor components
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, Impact on domestic economy, Infrastructure, Manufacturing/engineering joint innovation (R&D)
Government Incentive dollar amount:$600,000
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