For Peerless A/V, the Costs of Doing Business in China Weren't Worth the Savings

URLhttp://www.industryweek.com/trade/peerless-av-cost
SourceIndustry Week
Date Published01/17/2012
Author NameJosh Cable
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Peerless Industries, Inc.
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):400
Year reshoring announced:2009
Year reshoring implemented or to be implemented:2010
Country(ies) from which reshored:China
City reshored to:Aurora
State(s) reshored to:IL
Industry(ies):Fabricated Metal Products
Product(s) reshoredaluminum die-cast metal parts
What non-domestic negative factors made offshoring less attractive?Freight cost, Intellectual property risk, Inventory, Quality/rework/warranty
What domestic positive factors made reshoring more attractive?Re-design of the part
Mentions use of TCO or similar concept?Yes
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