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 Circle Gear and Machine Co., Inc.
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring implemented or to be implemented:2011
Domestically, the work will be done:In-house
City reshored to:Cicero
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Castings, Machinery, Other, Agriculture
Product(s) reshoredGear boxes for tedders, Farm Equipment
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Lean/other business process improvement techniques
Mentions use of TCO or similar concept?Yes
Find Reshoring Articles