Solidigm Plans Rancho Cordova, California, Global Research-Development Complex

URLhttps://www.areadevelopment.com/newsItems/10-5-202
SourceArea Development
Date Published10/05/2022

Additional Reshoring Information:

Company/Division name Solidigm
Parent companySK hynix, Inc.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1900
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2027
Capital investment ($):100
Country(ies) from which reshored:Korea, South
City reshored to:Rancho Cordova
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Impact on domestic economy, Infrastructure, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
Find Reshoring Articles