Company/Division name | HP |
Parent company | HP, Inc. |
Type of work | Manufacturing |
Reshoring category: | Kept from Offshoring |
Year reshoring announced: | 2021 |
$/year of sales of reshored product or service: | 14,500 |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | 3D Printers |
What non-domestic negative factors made offshoring less attractive? | Price, Quality/rework/warranty, Total cost |
What domestic positive factors made reshoring more attractive? | 3D Printing/Additive Manufacturing, Customization/Flexibility, Manufacturing/engineering joint innovation (R&D) |
Mentions use of TCO or similar concept? | Yes |