TIME re-enters US market with frames and complete bikes

URLhttps://www.bicycleretailer.com/industry-news/2022
Sourcehttps://www.bicycleretailer.com
Date Published05/04/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name TIME Bicycles
Parent companyCardinal Cycling Group
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredbicycles
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?Under-utilized capacity
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