Company/Division name | GlobalFoundries Inc |
Parent company | Mubadala Investment Company |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1000 |
Year reshoring announced: | 2021 |
Country(ies) from which reshored: | United Arab Emirates |
City reshored to: | Malta |
State(s) reshored to: | NY |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | semiconductor chips |
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, Lead time/Time to market, Other, import replacement |