Company/Division name | Bison Gear & Engineering Corp. |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Reshoring |
Total number of jobs (added or to be added): | 10 |
Offshore, work was done: | Outsourced |
Domestically, the work will be done: | In-house |
Country(ies) from which reshored: | China |
City reshored to: | St. Charles |
State(s) reshored to: | IL |
If relevant, work nearshored to: | - |
Industry(ies): | Machinery |
Product(s) reshored | Gear motors |
What non-domestic negative factors made offshoring less attractive? | Freight cost, Rising wages, Supply chain interruption risk, Total cost, Quality/rework/warranty |
What domestic positive factors made reshoring more attractive? | Automation/technology, Customer responsiveness improvement, Higher productivity, Re-design of the part, U.S. price of natural gas/chemicals/electricity |
Mentions use of TCO or similar concept? | Yes |