KOMO Moves Manufacturing Back to USA to Better Serve Customers and Stimulate Local Economy

URLhttp://www.komo.com/press-releases/PR-4.19.12-Back
SourceKOMO
Date Published04/19/2012
Author NameKOMO Press Release
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Komo Machine
Parent companyKOMO Machine, Inc.
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):35
Year reshoring announced:2011
Year reshoring implemented or to be implemented:2012
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Lakewood
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredCNC routers and machining centers
What non-domestic negative factors made offshoring less attractive?Lead time/time to market
What domestic positive factors made reshoring more attractive?Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training
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