In Hindsight, Rearview Mirror Plant Decides US Is Best

URLhttp://www.industryweek.com/supply-chain/hindsight
SourceIndustry Week
Date Published06/20/2016
Author NameLaura Putre
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ficosa North America
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):500
Year reshoring announced:2014
Capital investment ($):50
Country(ies) from which reshored:Spain
City reshored to:Cookeville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredRearview Mirrors
What domestic positive factors made reshoring more attractive?Eco-system synergies, Proximity to customers/market, Skilled workforce availability/training
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