Company/Division name | SK Siltron's U.S. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 150 |
Capital investment ($): | 300 |
Country(ies) from which reshored: | Korea, Republic of |
City reshored to: | Bay City |
State(s) reshored to: | MI |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | silicon carbide wafer |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Government Incentives, Biden |