Company/Division name | Akoustis Technologies, Inc. |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 1000 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2017 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | United States |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | Radio frequency & bulk acoustic wave filters |
What non-domestic negative factors made offshoring less attractive? | Quality/rework/warranty |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Higher productivity, Infrastructure (transport, internet, power), Lead time/Time to market, Skilled workforce availability/training, Under-utilized capacity |
Government Incentive dollar amount: | $8,000,000 |