President Obama Touts Onshoring: Is Made in America Back?

URLhttp://finance.yahoo.com/blogs/daily-ticker/presid
SourceYahoo
Date Published02/15/2012
Author NameZachary Roth and Daniel Gross
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredLocks
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
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