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) reshored | clothing (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 |