Methods Machine Tools’ latest expansion

URLhttps://www.todaysmedicaldevelopments.com/article/
Sourcehttps://www.todaysmedicaldevelopments.com
Date Published04/24/2022
Author NameElizabeth Engler Modic
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Methods Machine Tools
Parent companyMethods Machine Tools
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
City reshored to:Fort Worth
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredhigh-precision CNC machine tools
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?Infrastructure
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