Farewell Offshoring, Outsourcing. Pandemic Rewrites CEO Playbook.

URLhttps://www.wsj.com/articles/pandemic-rewrites-ceo
SourceWall Street Journal
Date Published11/01/2021
Author NameThomas Gryta
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Majestic Steel USA
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Domestically, the work will be done:In-house
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredflat-rolled steel
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Proximity to customers/market, Raw Materials Cost
Find Reshoring Articles