bVus Solutions Announces Opening of New Manufacturing Plant in Western New York

URLhttps://financialpost.com/globe-newswire/obvus-sol
SourceFinancial Post
Date Published12/12/2022
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):50
Year reshoring announced:2022
Capital investment ($):4
City reshored to:Victor
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredminder Laptop Tower Stand, Wireless Portable Bluet
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?Image/brand, Lead time/Time to market
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