Welsh manufacturer expands to the U.S.

SourceBoating Industry
Date Published11/10/2022

Additional Reshoring Information:

Company/Division name Makefast Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2022
Domestically, the work will be done:In-house
Country(ies) from which reshored:United Kingdom
City reshored to:Preston
State(s) reshored to:MD
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredMarine/boating equipment and systems
What non-domestic negative factors made offshoring less attractive?Other, Satisfying growing demand, Customer service
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Higher productivity, Lead time/Time to market, Proximity to customers/market
Find Reshoring Articles