New Flyer to invest US $28M to establish a bus and coach parts fabrication facility in Kentucky

URLhttp://markets.businessinsider.com/news/stocks/New
SourceBusiness Insider
Date Published11/16/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name New Flyer
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):550
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Domestically, the work will be done:In-house
Capital investment ($):28
Country(ies) from which reshored:Canada
City reshored to:Shepherdsville
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredBuses/motor coaches
What non-domestic negative factors made offshoring less attractive?Intellectual property risk, Quality/rework/warranty, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Consolidation, competitiveness, insourcing
Mentions use of TCO or similar concept?Yes
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