Olive Manufacturing Group's domestic alloy rim production making strides entering 2024

URLhttps://www.bicycleretailer.com/industry-news/2024
SourceBicycle Retailler
Date Published01/05/2024
Author NameDean Yobbi

Additional Reshoring Information:

Company/Division name Olive Manufacturing Group
Parent companyOlive Manufacturing Group
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2024
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Greenville
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAluminum bicycle tire rims
What non-domestic negative factors made offshoring less attractive?Freight cost, Price
What domestic positive factors made reshoring more attractive?Automation/technology, Better Control of Process/Delivery/Factory, Higher productivity, Image/brand
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