Gearing Up for a Manufacturing Revival

URLhttp://ww2.cfo.com/growth-strategies/2017/04/geari
Sourcecfo.com
Date Published04/06/2017
Author NameRuss Banham
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Bayer
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):3000
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2017
Domestically, the work will be done:In-house
Capital investment ($):8000
Country(ies) from which reshored:Germany
If relevant, work nearshored to:-
Industry(ies):Chemicals
Product(s) reshoredpharmaceuticals
What non-domestic negative factors made offshoring less attractive?Social/ethical concerns
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