II-VI Incorporated Opens New Facility for Epitaxial Wafer Manufacturing

URLhttps://www.nasdaq.com/press-release/iivi-incorpor
SourceNasdaq
Date Published05/15/2018
Author NameGlobeNewswire
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name II-VI EpiWorks
Parent companyII‐VI Incorporated
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring implemented or to be implemented:2018
City reshored to:Champaign
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredcompound semiconductor epitaxial wafers
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Lead time/Time to market, Lean/other business process improvement techniques, Other
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