Company/Division name | Wolfspeed |
Parent company | Wolfspeed |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 1800 |
What product(s) and/or service(s) were outsourced domestically? | Manufacturing |
Year reshoring announced: | 2022 |
Capital investment ($): | 4.8 |
City reshored to: | Durham |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductors, chips for electric vehicles |
What domestic positive factors made reshoring more attractive? | Automation/technology, Government Incentives, Commerce Department as an economic incentive packa |
Government Incentive dollar amount: | $112.5 million |