West Chester company moves manufacturing work back to U.S.

URLhttp://www.journal-news.com/news/news/west-chester
SourceJournal-News (OH)
Date Published09/01/2014
Author NameChelsey Levingston
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Knox Machinery
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Year reshoring announced:2014
Offshore, work was done:Outsourced
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Franklin
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredHigh-tech machinery
What non-domestic negative factors made offshoring less attractive?Freight cost, Lead time/time to market, Rising wages, Total cost, Travel cost/time, Other, Cost of replacement parts
Mentions use of TCO or similar concept?Yes
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