MacroFab Announces a $15M Series B round led by Edison Partners, Including Strategic Investment from Altium to Ignite Growth of Manufacturing-as-a-Service for Electronics

URLhttps://www.prweb.com/releases/2021/5/prweb1796323
Sourceprweb.com
Date Published05/26/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name MacroFab
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):15
Country(ies) from which reshored:China
City reshored to:Houston
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredelectronics
What non-domestic negative factors made offshoring less attractive?Strained offshore relationships, Supply chain interruption risk/Natural disaster risk/Political instability , Tariffs
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Proximity to customers/market, Under-utilized capacity
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