Nearshoring Boom Isn’t Just a Mirage, Western Hemisphere Suppliers Say

URLhttps://sourcingjournal.com/topics/sourcing/nearsh
SourceSourcing Journal
Date Published09/04/2024

Additional Reshoring Information:

Company/Division name Premium Knits
Type of work Manufacturing
Reshoring category:Nearshoring
Year reshoring announced:2024
Domestically, the work will be done:Outsourced
Country(ies) from which reshored:China
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredclothing (factory enables nearshoring)
What non-domestic negative factors made offshoring less attractive?Inventory, Strained offshore relationships, Tariffs
What domestic positive factors made reshoring more attractive?Better Control of Process/Delivery/Factory, Geopolitical Risk, Lead time/Time to market
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