Real-Life Reshoring: How Vela Bikes, WOW Sports Brought Business Back to the United States

URLhttps://www.thomasnet.com/insights/real-life-resho
SourceThomas
Date Published09/06/2023

Additional Reshoring Information:

Company/Division name Vela Bikes
Parent companyVela Bikes
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
City reshored to:Brooklyn
State(s) reshored to:NY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredBikes
What non-domestic negative factors made offshoring less attractive?Quality/rework/warranty, Supply chain interruption, Tariffs
What domestic positive factors made reshoring more attractive?Infrastructure, COVID-19
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