Company/Division name | Evolution St. Louis |
Parent company | Evolution St. Louis |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2019 |
Capital investment ($): | 5 |
City reshored to: | St. Louis |
State(s) reshored to: | MO |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles |
Product(s) reshored | fabric supplier for fashion brands |
What non-domestic negative factors made offshoring less attractive? | Rising wages, Supply chain interruption risk/Natural disaster risk/Political instability |
What domestic positive factors made reshoring more attractive? | Automation/technology, Eco-system synergies, Government Incentives, Image/brand, Lead time/Time to market, Proximity to customers/market, Other, import replacement |