Weary of Snarls, Small Businesses Build Their Own Supply Chains

URLhttps://www.nytimes.com/2022/10/19/business/small-
SourceNew York Times
Date Published10/19/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name obVus Solutions
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):25
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):4
Country(ies) from which reshored:China
City reshored to:Victor
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Furniture
Product(s) reshoredoffice furniture
What non-domestic negative factors made offshoring less attractive?Loss of control, Supply chain interruption risk/Natural disaster risk/Political instability , Total cost
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Manufacturing/engineering joint innovation (R&D)
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