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) reshored | aluminum 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 |