Company/Division name | Carey Manufacturing Inc. |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 45 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2018 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 2.5 |
Country(ies) from which reshored: | China |
City reshored to: | Cromwell |
State(s) reshored to: | CT |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products |
Product(s) reshored | metal hardware |
What non-domestic negative factors made offshoring less attractive? | Price, Quality/rework/warranty, Social/ethical concerns, Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Automation/technology, Impact on domestic economy |
Mentions use of TCO or similar concept? | Yes |