Ohio site gives Sherex a U.S. manufacturing presence

URLhttp://www.bizjournals.com/buffalo/blog/morning_ro
SourceBuffalo Business First
Date Published10/07/2014
Author NameDavid Bertola
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Sherex Fastening Solutions
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):45
Year reshoring announced:2014
Year reshoring implemented or to be implemented:2014
Offshore, work was done:In-house
Domestically, the work will be done:In-house
Country(ies) from which reshored:China,Taiwan, Province of China
City reshored to:Akron
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Castings, Fabricated Metal Products
Product(s) reshoredFasteners, Tooling
What non-domestic negative factors made offshoring less attractive?Lead time/time to market, Total cost
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Other, Proximity to customers
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