Samsung plans another $3 billion Austin investment

URLhttp://www.statesman.com/news/business/samsung-pla
SourceStatesman
Date Published08/20/2012
Author NameKirk Ladendorf
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Samsung
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Year reshoring announced:2012
Year reshoring implemented or to be implemented:2013
Domestically, the work will be done:In-house
Capital investment ($):3500
Country(ies) from which reshored:Korea, Republic of
City reshored to:Austin
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredComputer chips
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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