Company/Division name | Vanguard Furniture |
Parent company | Vanguard Furniture |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 150 |
Year reshoring announced: | 2022 |
City reshored to: | Morganton |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Furniture |
Product(s) reshored | furniture |
What non-domestic negative factors made offshoring less attractive? | Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Infrastructure, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, Skilled workforce availability/training, Under-utilized capacity |