Why We’re Reshoring Our Manufacturing: A CEO’s View

SourceIndustry Week
Date Published11/03/2020
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name XStream Trucking
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:2020
Offshore, work was done:Both
Domestically, the work will be done:Both
Country(ies) from which reshored:China
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Primary Metal Products (not including Foundries and Castings), Transportation Equipment
Product(s) reshoredaluminium mount, panelling system, TruckWings
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability , Tariffs
What domestic positive factors made reshoring more attractive?Customization/Flexibility, Higher productivity, Infrastructure, Lead time/Time to market, Proximity to customers/market
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