Enovix Continues Momentum, Achieves Key Manufacturing Facility Milestone and Books Order in the Wearable Device Space

URLhttps://finance.yahoo.com/news/enovix-continues-mo
SourceYahoo!Finance
Date Published08/10/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Enovix Corporation
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
City reshored to:Fremont
State(s) reshored to:CA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshored3D Silicon™ Lithium-ion batteries
What domestic positive factors made reshoring more attractive?Eco-system synergies, Impact on domestic economy, Other, import replacement
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