Company/Division name | Spiber Inc. |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2019 |
Domestically, the work will be done: | Both |
Country(ies) from which reshored: | Japan |
If relevant, work nearshored to: | - |
Industry(ies): | Apparel & Textiles, Transportation Equipment |
Product(s) reshored | apparel, light auto parts, Biobased Polymers |
What non-domestic negative factors made offshoring less attractive? | Total cost |
What domestic positive factors made reshoring more attractive? | Manufacturing/engineering joint innovation (R&D), Skilled workforce availability/training, Other, sustainability |