Supply chain solutions at the Port of New York and New Jersey rely on U.S. innovation | Opinion

URLhttps://www.northjersey.com/story/opinion/2021/11/
SourceNorth Jersey.com
Date Published11/16/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hercules Enterprises
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2021
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
State(s) reshored to:NJ
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredintermodal-container chassis
What non-domestic negative factors made offshoring less attractive?Loss of control, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Infrastructure, Proximity to customers/market, Skilled workforce availability/training
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