Pandemic-prompted reshoring creates growth for medical injection molders

URLhttps://www.plasticsnews.com/news/pandemic-prompte
SourcePlastics News
Date Published06/24/2022
Author NameSarah Kominek
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name PTI Engineered Plastics Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Macomb
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies, Plastic & Rubber Products
Product(s) reshoredinjection molded medical devices
What non-domestic negative factors made offshoring less attractive?Freight cost, Green considerations, Loss of control, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), design support
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