URL | https://www.nasdaq.com/press-release/iivi-incorpor |
Source | Nasdaq |
Date Published | 05/15/2018 |
Author Name | GlobeNewswire |
Mentions specific company case(s) of reshoring, kept from offshoring, or transplant | Yes |
Company/Division name | II-VI EpiWorks |
Parent company | II‐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) reshored | compound 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 |