Spotlight: SkyWater aims to boost, secure semiconductor production

SourceFinance & Commerce
Date Published11/27/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name SkyWater Technology
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
City reshored to:Bloomington
State(s) reshored to:MN
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredmicroelectronics, rad-hard semiconductors, chips
What non-domestic negative factors made offshoring less attractive?Intellectual property risk, Strained offshore relationships
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Image/brand, Impact on domestic economy, Under-utilized capacity
Government Incentive dollar amount:$170 million
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