New Aurora fiber optics factory expected to create 200+ jobs

URLhttps://www.americaninno.com/chicago/inno-news-chi
SourceChicagoinno
Date Published07/27/2020
Author NameKatherine Davis

Additional Reshoring Information:

Company/Division name viaPhoton
Parent companyviaPhoton
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):200
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):50
City reshored to:Aurora
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, apprenticeship training
Product(s) reshoredfiber optics, 5G infrastructure
What domestic positive factors made reshoring more attractive?Infrastructure, Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training, Under-utilized capacity
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