Texas Instruments Plans $30 Billion Investment in New Semiconductor Plants

URLhttps://www.thomasnet.com/insights/texas-instrumen
SourceThomasnet
Date Published12/15/2021
Author NameMike Hockett
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Texas Instruments
Parent companyTexas Instruments
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):3000
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2025
Capital investment ($):30000
City reshored to:Sherman
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductor wafer
What domestic positive factors made reshoring more attractive?Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
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