Management: How to Make It in America

URLhttp://www.qualitymag.com/articles/88508-managemen
SourceQuality Magazine
Date Published04/06/2012
Author NameMichelle Bangert
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Master Lock
Parent companyFortune Brands Home & Security Inc
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):100
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2011
Year reshoring implemented or to be implemented:2010
Offshore, work was done:Outsourced
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Milwaukee
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Fabricated Metal Products
Product(s) reshoredCombination locks, subassemblies and keys
What non-domestic negative factors made offshoring less attractive?Freight cost, Rising wages, Travel cost/time, Other, Higher logistical costs
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
Mentions use of TCO or similar concept?Yes
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