Cosmetics maker’s rapid growth bucks trends in manufacturing

SourcePalm Beach Post
Date Published12/29/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Oxygen Development
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Kept from Offshoring
Total number of jobs (added or to be added):1400
Year reshoring announced:2010
Year reshoring implemented or to be implemented:2018
Country(ies) from which reshored:Korea, Republic of
City reshored to:Palm Beach
State(s) reshored to:FL
If relevant, work nearshored to:-
Industry(ies):Chemicals, cosmetics
Product(s) reshoredcosmetics
What non-domestic negative factors made offshoring less attractive?Delivery, Rising wages, Travel cost/time
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Skilled workforce availability/training
Find Reshoring Articles