China's Loss is Mexico's Gain

URLhttps://globalconnections.hsbc.com/us/en/articles/
SourceHSBC
Date Published07/29/2013
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Meco Corp.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2013
Offshore, work was done:Outsourced
Domestically, the work will be done:Outsourced
Capital investment ($):10
Country(ies) from which reshored:China
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment/Appliances/Components, Fabricated Metal Products
Product(s) reshoredOutdoor grills, furniture
What non-domestic negative factors made offshoring less attractive?Currency variation, Freight cost, Inventory, Rising wages
Find Reshoring Articles