Bike Maker Shortens Supply Chain, Citing Soaring Freight Costs

URLhttps://www.bloomberg.com/news/newsletters/2022-02
Sourcehttps://www.bloomberg.com
Date Published02/03/2022
Author NameRichard Weiss
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Stanley Black & Decker Inc.
Parent companyStanley Black & Decker
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Offshore, work was done:In-house
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredIndustrial tools and household
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