Is it time to play the 'nearshoring' boom?

SourceCityWire (UK)
Date Published08/21/2013
Author NameDanielle Levy
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Methanex
Parent companyMethanex
Type of work Manufacturing
If manufacturing, is the company an OEM? Unknown
If manufacturing, is the company a contract manufacturer?Unknown
Reshoring category:Transplant
Year reshoring announced:2013
Country(ies) from which reshored:China
State(s) reshored to:LA
If relevant, work nearshored to:-
Industry(ies):Chemicals, Energy
Product(s) reshoredethanol
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk
What domestic positive factors made reshoring more attractive?U.S. price of natural gas/chemicals/electricity, "Stable, well-regulated, organized market"
Find Reshoring Articles