Otis Finds Reshoring Manufacturing is Not Easy

SourceThe Wall Street Journal
Date Published05/01/2014
Author NameTed Mann
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Otis Elevator
Parent companyUnited Technologies
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):380
Year reshoring announced:2012
Year reshoring implemented or to be implemented:2012
Country(ies) from which reshored:Mexico
City reshored to:Florence
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Machinery, Transportation Equipment
Product(s) reshoredElevators
What non-domestic negative factors made offshoring less attractive?Freight cost, Lead time/time to market
What domestic positive factors made reshoring more attractive?Manufacturing/engineering joint innovation (R&D), Efficiency
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