Taiwan-Based Cymmetrik Locates First U.S. Manufacturing Center in Santa Teresa, New Mexico

URLhttps://www.areadevelopment.com/newsItems/12-11-20
Sourcearea development
Date Published12/11/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Cymmetrik
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Santa Teresa
State(s) reshored to:NM
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredlabel printing technology
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy
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