Company/Division name | viaPhoton |
Parent company | viaPhoton |
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) reshored | fiber 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 |