Company/Division name | SkyWater Technology |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
City reshored to: | Bloomington |
State(s) reshored to: | MN |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | microchip with temperature sensing capabilities |
What non-domestic negative factors made offshoring less attractive? | Intellectual property risk, Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Customization/Flexibility, Higher productivity, Impact on domestic economy, Proximity to customers/market, covid-19 |