GoPro to Move Most of U.S.-Bound Camera Production to Mexico

SourceYahoo Finance
Date Published05/14/2019
Author NameZacks Equity Research
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GoPro
Parent companyGoPro
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2019
Country(ies) from which reshored:China
City reshored to:Guadalajara
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredcameras
What non-domestic negative factors made offshoring less attractive?Tariffs, Total cost
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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