How 3M Plans to Make More Than a Billion Masks By End of Year

URLhttps://www.bloomberg.com/news/features/2020-03-25
SourceBloomberg
Date Published03/25/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name 3M
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):50
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
City reshored to:Aberdeen
State(s) reshored to:SD
If relevant, work nearshored to:-
Industry(ies):Apparel & Textiles, Medical Equipment & Supplies
Product(s) reshoredn95 masks
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Higher productivity, Infrastructure, Lead time/Time to market, Proximity to customers/market, Under-utilized capacity, surge capacity already in place
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