Rising costs, tariffs, COVID-19 and Mexico have cut into Chinese imports

SourceAutomotive News
Date Published08/03/2020
Author NameAlexa St. John
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Minghua USA, Inc.
Parent companyMinghua
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2018
Capital investment ($):33.9
Country(ies) from which reshored:China
City reshored to:Puebla
State(s) reshored to:Mexico
If relevant, work nearshored to:-
Industry(ies):Machinery, Plastic & Rubber Products, Transportation Equipment
Product(s) reshoredcar parts
What non-domestic negative factors made offshoring less attractive?Loss of control, Price, Tariffs, Tariffs, Trump
What domestic positive factors made reshoring more attractive?Impact on domestic economy
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