Company/Division name | AGCO |
Parent company | AGCO |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Reshoring |
Year reshoring announced: | 2012 |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | France |
State(s) reshored to: | MN |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | Tractors |
What non-domestic negative factors made offshoring less attractive? | Freight cost, Lead time/time to market |
What domestic positive factors made reshoring more attractive? | U.S. price of natural gas/chemicals/electricity |