Companies' reshoring plans require full financial accounting

SourceCentral Penn Business Journal
Date Published09/26/2014
Author NameJohn Hilton
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Pequea Machine
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring implemented or to be implemented:2011
Offshore, work was done:Outsourced
Domestically, the work will be done:Outsourced
Country(ies) from which reshored:China
City reshored to:Cicero
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Machinery, Other, Agriculture
Product(s) reshoredFarm Equipment, Tedders
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Lean/other business process improvement techniques
Mentions use of TCO or similar concept?Yes
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