Hitting the Road with U.S. Bike Assembly

URLhttp://blog.walmart.com/us-manufacturing/20141016/
SourceWalmart
Date Published10/16/2014
Author NameCraig Mikita
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Kent Bicycles
Parent companyKent International
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):175
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2015
Capital investment ($):4.3
Country(ies) from which reshored:China,Taiwan, Province of China
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredBicycles
What non-domestic negative factors made offshoring less attractive?Currency variation, Freight cost
What domestic positive factors made reshoring more attractive?Raw Materials Cost, Walmart
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