Intel to Invest $20 Billion in 2 New Chip Factories in Arizona

URLhttps://www.thomasnet.com/insights/intel-to-invest
SourceThomas Insights
Date Published10/20/2021
Author NameNolan Beilstein
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Intel Corporation
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):3000
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):20000
City reshored to:Chandler
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor chips, Intel 20A
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?Lead time/Time to market, Other, import replacement
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