Kone expanding new Allen operations with manufacturing

SourceDallas Morning News
Date Published09/04/2014
Author NameSteve Brown
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kone
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):80
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2015
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Capital investment ($):26
Country(ies) from which reshored:Mexico
City reshored to:Allen
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment/Appliances/Components, Machinery, Transportation Equipment
Product(s) reshoredElevator and Escalator equipment
What non-domestic negative factors made offshoring less attractive?Delivery, Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Eco-system synergies, Other, Simplified Logistics
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