URL | https://www.forbes.com/sites/michaelmolitch-hou/20 |
Source | Forbes |
Date Published | 08/27/2024 |
Author Name | Michael Molitch-Hou |
Company/Division name | HILOS |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 2 |
City reshored to: | Portland |
State(s) reshored to: | OR |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles |
Product(s) reshored | shoes |
What non-domestic negative factors made offshoring less attractive? | Green considerations, Total cost |
What domestic positive factors made reshoring more attractive? | 3D Printing/Additive Manufacturing, Automation/technology, Better Control of Process/Delivery/Factory, Customization/Flexibility, Impact on domestic economy, Lead time/Time to market, Lean/other business process improvement techniques, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market |