Company/Division name | Welltec Machinery Ltd. |
Type of work | Manufacturing |
Reshoring category: | Transplant |
Year reshoring announced: | 2015 |
Year reshoring implemented or to be implemented: | 2015 |
Country(ies) from which reshored: | Hong Kong |
City reshored to: | Wilmington |
State(s) reshored to: | NC |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | Warehouse and tech center |
What non-domestic negative factors made offshoring less attractive? | Rising wages |
What domestic positive factors made reshoring more attractive? | Other, Proximity to market, meet growing demand |