Reshoring helps Welltec grow in US

SourcePlastics News China
Date Published03/27/2015
Author NameNina Ying Sun
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Welltec Machinery Ltd.
Type of work Manufacturing
Reshoring category:Transplant
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2015
Country(ies) from which reshored:Hong Kong
City reshored to:Wilmington
State(s) reshored to:NC
If relevant, work nearshored to:-
Product(s) reshoredWarehouse and tech center
What non-domestic negative factors made offshoring less attractive?Rising wages
What domestic positive factors made reshoring more attractive?Other, Proximity to market, meet growing demand
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