Company/Division name | Master Lock |
Type of work | Manufacturing |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 100 |
Country(ies) from which reshored: | China |
City reshored to: | Milwaukee |
State(s) reshored to: | WI |
Industry(ies): | Fabricated Metal Products, Other |
Product(s) reshored | Locks |
What non-domestic negative factors made offshoring less attractive? | Currency variation, Freight cost, Intellectual property risk, Lead time/time to market, Rising wages |
What domestic positive factors made reshoring more attractive? | Automation/technology, Higher productivity |
Mentions use of TCO or similar concept? | Yes |