Koller Craft sees business from customers looking to reshore supply chain

URLhttps://www.plasticsnews.com/news/koller-craft-see
SourcePlastics News
Date Published06/23/2021
Author NameSarah Kominek
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Koller Craft LLC
Parent companyKoller Enterprises Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Domestically, the work will be done:In-house
City reshored to:Fenton
State(s) reshored to:MO
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredplastic injection
What non-domestic negative factors made offshoring less attractive?Freight cost, Inventory, Supply chain interruption risk/Natural disaster risk/Political instability , Total cost
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Higher productivity, Infrastructure, Lead time/Time to market, Proximity to customers/market
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