New Balance Bulks Up Manufacturing Presence in U.S. Amid Global Supply Chain Backlogs

URLhttps://www.bts-news.org/post/new-balance-bulks-up
Sourcehttps://www.bts-news.org
Date Published03/28/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name New Balance
Parent companyNew Balance
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
City reshored to:Methuen
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredsports footwear
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?, war
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