Sharpie-maker Newell moves more operations from China as tariffs loom

URLhttps://www.reuters.com/business/retail-consumer/s
SourceReuters
Date Published08/06/2024
Author NameJessica DiNapoli

Additional Reshoring Information:

Company/Division name Newell Brands
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
City reshored to:Maryville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Wood & Paper Products
Product(s) reshoredsharpie pens
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Automation/technology, Impact on domestic economy, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market
Find Reshoring Articles