Lectra moves production in-house with new manufacturing facility

URLhttps://www.just-style.com/news/lectra-moves-produ
Sourcejust style
Date Published04/13/2023
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Lectra
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
Country(ies) from which reshored:France
City reshored to:Toiland
State(s) reshored to:CT
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles, Machinery
Product(s) reshoredclothing manufacturing equipment
What non-domestic negative factors made offshoring less attractive?Loss of control
What domestic positive factors made reshoring more attractive?Impact on domestic economy, Lead time/Time to market, Proximity to customers/market, Skilled workforce availability/training
Find Reshoring Articles