US-based CIE Manufacturing takes aim at chassis shortage

URLhttps://www.freightwaves.com/news/us-based-cie-man
SourceFreightWaves
Date Published01/15/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name CIE Manufacturing, Inc.
Parent companyCIMC Vehicles Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Emporia
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment, transportation
Product(s) reshoredPioneer Chassis, 40-/45-foot intermodal chassis
What non-domestic negative factors made offshoring less attractive?Total cost
What domestic positive factors made reshoring more attractive?Higher productivity, Infrastructure, Lead time/Time to market, Proximity to customers/market, Under-utilized capacity
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