Company detailsCode: BerriaCompany name: Berria BikeCompany country: SpainSector: C - ManufacturingSector detail: C30 - Manufacture of other transport equipmentSub-sectors: C30.9.2 - Manufacture of bicycles and invalid carriages Reshoring detailsReshoring announcement date: 04/02/2016Starting implementation date: February, 2016End of Implementation : June, 2017Reshored to: SpainLocation of affected unit(s): Ossa de Montiel (Albacete)Location code: ES421Reshored business function: ProductionPartial or Total reshoring: PartialReshoring governance mode: In house (in own facilities)Estimated job gains: 10Reasons for reshoring: Change in total costs of sourcingDelivery timeImprove customer serviceLabour costs' gap reductionLogistics costsProximity to customersCase narrative: Berria Bikes is a new Spanish company, founded in 2012. It is a family business started by the ex-professional David Vitoria and his brother Josè. In 2015 their revenues reached 4 millions (in Euros). The company's new plan is to open a plant with 20 employees in Ossa de Montiel (Albacete), backshoring the production from China and Taiwán. José Vitoria declares that the new plant is going to occupy 4.000 square meters, and it should start in June 2017. Berria Bike aims to increase the customization of the products, and to be able to deliver in only 21 days from the order. In addition, costs of production in Asia are increasing, motivating other competitors to backshore their production. Sources: Palco23, 04/02/2016 Sources link: http://palco23.com/equipamiento/20160204/berria-bikes-abrira-una-nueva-p... Offshoring detailsOffshoring location: China