Company/Division name | Bystronic Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2020 |
Domestically, the work will be done: | Both |
Country(ies) from which reshored: | Switzerland |
City reshored to: | Hoffman Estates |
State(s) reshored to: | IL |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | sheet and tube metal manufacturing machines |
What non-domestic negative factors made offshoring less attractive? | Freight cost, Green considerations, Supply chain interruption risk/Natural disaster risk/Political instability , Total cost |
What domestic positive factors made reshoring more attractive? | Lead time/Time to market |