A US supply chain for the 21st Century

URLhttps://www.knittingindustry.com/a-us-supply-chain
Sourceknittingindustry.com
Date Published07/18/2019
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Evolution St. Louis
Parent companyEvolution 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) reshoredfabric 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
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