Semiconductor Maker Announces $12 Billion Arizona Factory, 1,600 New Jobs

URLhttps://www.thomasnet.com/insights/semiconductor-m
SourceThomasNet
Date Published06/02/2020
Author NameAndy Szal
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) reshoredsemiconductor wafers
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Skilled workforce availability/training
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