Why a Chinese Company Decided to Move Its Manufacturing to the US

URLhttp://www.theepochtimes.com/n3/1888826-why-a-chin
SourceEpoch Times
Date Published11/01/2015
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Jiangnan Chemical Fiber Co. Ltd.
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Year reshoring announced:2014
Capital investment ($):45
Country(ies) from which reshored:China
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredrecycled polyester staple fibre
What non-domestic negative factors made offshoring less attractive?Employee turnover, Freight cost, Inventory, Price, Rising wages, Tariffs, Total cost, Cost of land in China, cost of steam in China, cost of bank loans
What domestic positive factors made reshoring more attractive?Government Incentives, Higher productivity, Lower real-estate/construction cost, U.S. price of natural gas/chemicals/electricity, Better employee work habits
Find Reshoring Articles