Reshoring Gains Momentum

SourcepPastics Business
Date Published08/19/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Titus Group
Parent companyTitus International
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Capital investment ($):4
Country(ies) from which reshored:United Kingdom
City reshored to:Columbia City
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Plastic & Rubber Products
Product(s) reshoredzinc die-cast, injection-molded parts,
What non-domestic negative factors made offshoring less attractive?Delivery, Freight cost, Inventory, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Lead time/Time to market
Mentions use of TCO or similar concept?Yes
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