RESHORING CASE

Esaote

Company details
Code: 
Esaote
Company name: 
Esaote
Company country: 
Italy
Number of employees: 
1300
Sector: 
C - Manufacturing
Sector detail: 
C26 - Manufacture of computer, electronic and optical products
Sub-sectors: 
C26.6 - Manufacture of irradiation, electromedical and electrotherapeutic equipment
Reshoring details
Reshoring announcement date: 
20/01/2015
Starting implementation date: 
February, 2015
End of Implementation : 
December, 2015
Reshored to: 
Italy
Location of affected unit(s): 
Firenze
Location code: 
ITE14
Reshored business function: 
Production
Partial or Total reshoring: 
Total
Reshoring governance mode: 
In house (in own facilities)
Estimated job gains: 
0
Reasons for reshoring: 
Economic crisis
Firm's global reorganization
Unions' pressure at the home country
Untapped production capacity
Case narrative: 

Esaote is an Italian company founded in 1982 that produces biomedical equipment. The company's sales have fallen due to the economic crisis. As part of a larger restructuring within the firm, the assembly of all equipment produced by Esaote will now be concentrated at its Florence site in Italy, including parts that were previously assembled in the Netherlands. The exact impact on job gains and losses at each respective site is unknown.

Sources: 

Il Sole 24 Ore, 20 January 2015

Offshoring details
Offshoring location: 
Netherlands
Host country geographical area: 
Western Europe