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) reshored | office 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) |