Hoover maker Techtronic looks to US and Vietnam for manufacturing as trade war looms and China costs rise

SourceSouth China Morning Post
Date Published08/16/2018
Author NameJoe Galli
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Techtronic Industries North America
Parent companyTechtronic Industries (TTI)
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Country(ies) from which reshored:Hong Kong
State(s) reshored to:MS
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredHoover vacuum
What non-domestic negative factors made offshoring less attractive?Tariffs, Trump tariffs
What domestic positive factors made reshoring more attractive?Eco-system synergies, Lead time/Time to market, Proximity to customers/market
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