Electronics Manufacturer Buys Oregon Factory for $6.3 Million, Plans Hundreds of Jobs

SourceThomas Insights
Date Published08/21/2020
Author Name Andy Szal
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Stratacache
Parent companyStratacache, Inc.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):6.3
Country(ies) from which reshored:Singapore
City reshored to:Eugene
State(s) reshored to:OR
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredMicroLEDs
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Impact on domestic economy, Lower real-estate/construction cost, Under-utilized capacity
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