China Snaps Up America’s Cheap Robot Labor

URLhttps://www.bloomberg.com/news/articles/2017-08-30
SourceBloomberg Business Week
Date Published08/30/2017
Author NameKevin Hamlin
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Tianyuan Garments Company
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2017
Capital investment ($):20
Country(ies) from which reshored:China
City reshored to:Little Rock
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles
Product(s) reshoredt-shirts
What non-domestic negative factors made offshoring less attractive?Rising wages
What domestic positive factors made reshoring more attractive?Customization/Flexibility, Government Incentives, Higher productivity, Proximity to customers/market
Government Incentive dollar amount:3.2 million
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