Pandemic-prompted reshoring creates growth for medical injection molders

SourcePlastics News
Date Published06/24/2022
Author NameSarah Kominek
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Teel Plastics
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Domestically, the work will be done:In-house
City reshored to:Baraboo
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Medical Equipment & Supplies, Plastic & Rubber Products
Product(s) reshoredCOVID-19 test kit swab sticks
What non-domestic negative factors made offshoring less attractive?Freight cost, Loss of control, Price, Supply chain interruption risk/Natural disaster risk/Political instability , Total cost
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Government Incentives, Lead time/Time to market, Raw Materials Cost
Government Incentive dollar amount:DoD funding
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