Leominster firm's bucket plant shows how a local manufacturer can beat overseas rivals

URLhttp://www.bizjournals.com/boston/blog/mass_roundu
SourceBoston Business Journal
Date Published01/09/2014
Author NameJon Chesto

Additional Reshoring Information:

Company/Division name Leaktite
Type of work Manufacturing
Reshoring category:Kept from Offshoring
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2014
City reshored to:Leominster
State(s) reshored to:MA
If relevant, work nearshored to:-
Industry(ies):Other, Home
Product(s) reshored'Big Gripper' bucket
What non-domestic negative factors made offshoring less attractive?Freight cost, Lead time/time to market
What domestic positive factors made reshoring more attractive?Image/brand, U.S. price of natural gas/chemicals/electricity
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