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 Wonder Loom
Parent companyRainbow Loom
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Domestically, the work will be done:Outsourced
Country(ies) from which reshored:China
State(s) reshored to:RI
If relevant, work nearshored to:-
Product(s) reshoredWonder Loom, licensed to The Beadery
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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