Rinco Ultrasonics adds US space, employees

URLhttps://www.plasticsnews.com/news/rinco-ultrasonic
SourcePlastics News
Date Published10/05/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Rinco Ultrasonics
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):3
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Country(ies) from which reshored:Switzerland
City reshored to:Danbury
State(s) reshored to:CT
If relevant, work nearshored to:-
Industry(ies):Machinery
Product(s) reshoredcomplex welding applications
What domestic positive factors made reshoring more attractive?Customization/Flexibility, Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), improve competitiveness
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