Bystronic Announces Grand Opening Celebration For New Headquarters For The Americas

SourcePR Newswire
Date Published10/24/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bystronic Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2020
Domestically, the work will be done:Both
Country(ies) from which reshored:Switzerland
City reshored to:Hoffman Estates
State(s) reshored to:IL
If relevant, work nearshored to:-
Product(s) reshoredsheet and tube metal manufacturing machines
What non-domestic negative factors made offshoring less attractive?Freight cost, Green considerations, Supply chain interruption risk/Natural disaster risk/Political instability , Total cost
What domestic positive factors made reshoring more attractive?Lead time/Time to market
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