Company/Division name | Finisar Corporation |
Parent company | Finisar Corporation |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 500 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2018 |
Capital investment ($): | 390 |
City reshored to: | Sherman |
State(s) reshored to: | TX |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | vertical-cavity surface-emitting lasers (VCSEL) |
What domestic positive factors made reshoring more attractive? | Impact on domestic economy, Skilled workforce availability/training, Under-utilized capacity, Other, import replacement |