NXP Announces Production of Security Chips in its US Manufacturing Facilities

SourceInvestor's Hub
Date Published07/20/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name NXP Semiconductors NV
Parent companyNXP
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2017
Capital investment ($):22
City reshored to:Austin, Chandler
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSemi-conductors
What domestic positive factors made reshoring more attractive?Government Incentives, Government applications, security
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