Manufacturers ramp up reshoring to avoid supply chain setbacks

Date Published05/08/2022
Author NameJayson Bussa
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Smart Vision Lights LLC
Parent companySmart Vision Lights LLC
Type of work Manufacturing
Reshoring category:Reshoring
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlighting products
What non-domestic negative factors made offshoring less attractive?Freight cost, Product liability, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Under-utilized capacity, war
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