Taiwan Semiconductor to build Arizona manufacturing plant

URLhttps://www.foxbusiness.com/technology/taiwan-semi
SourceFox Business
Date Published05/15/2020
Author NameKen Martin
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Taiwan Semiconductor Manufacturing Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1600
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):1200
Country(ies) from which reshored:Taiwan, Province of China
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors
What domestic positive factors made reshoring more attractive?Eco-system synergies, Skilled workforce availability/training
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