Otis Shifts Work Closer to Home

URLhttp://online.wsj.com/article/SB100014240529702042
SourceThe Wall Street Journal
Date Published10/07/2011
Author NameTIMOTHY AEPPEL
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Otis
Parent companyOtis
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):360
Year reshoring announced:2011
Country(ies) from which reshored:Mexico
City reshored to:Florence
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment/Appliances/Components, Machinery
Product(s) reshoredelevators
What non-domestic negative factors made offshoring less attractive?Freight cost, Inventory, Rising wages, Other, logistics costs
What domestic positive factors made reshoring more attractive?Automation/technology, Customer responsiveness improvement, Eco-system synergies, Manufacturing/engineering joint innovation (R&D), Other, close to market
Mentions use of TCO or similar concept?Yes
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