Inventor brings US business into loop with Wonder Loom

SourcePlastics News
Date Published12/17/2013
Author NameCatherine Kavanaugh
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name The Beadery
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):100
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2013
Country(ies) from which reshored:China
State(s) reshored to:RI
If relevant, work nearshored to:-
Product(s) reshoredWonder Loom
What non-domestic negative factors made offshoring less attractive?Lead time/time to market, Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Image/brand, Walmart
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