Company detailsCompany name: Fine Scandinavia ABGroup name: Konga Mekaniska Verkstad ABCompany country: SwedenGroup home country: SwedenSector: C - ManufacturingSector detail: C24 - Manufacture of basic metalsSub-sectors: C24.2 - Manufacture of tubes, pipes, hollow profiles and related fittings, of steel Reshoring detailsReshoring announcement date: 15/06/2018Starting implementation date: January, 2018Reshored to: SwedenLocation of affected unit(s): AnderstorpLocation code: SE211Reshored business function: ProductionReshoring governance mode: In house (in own facilities)Reasons for reshoring: Know-how in the countryLoyalty to the home countryCase narrative: Fine Scandinavia is a Swedish subcontractor specialized in product development and manufacturing of wood-, steel-, wire- and tube product. The company belongs to the Konga Mekaniska Verkstad AB Group owned by the family Kongamek. More specifically, Fine Scandinavia was established in 2015 after the acquisition of HJ Johanssons Industri AB by the family Kongamek. The company has two main facilities, in Sweden (Anderstop) and in Vietnam. However, in 2018, top managers decided to move back in Sweden some product lines earlier manufactured in the South East Asia plant. The company CEO declared the company based its decision mainly on the availability of high skilled workforce in the Anderstop region. Sources: Metal supply 15/08/2018 Gnosjo region 03/07/2018 Sources link: https://www.metal-supply.se/article/view/614394/de_tar_hem_produktion_fr... https://www.gnosjoregion.se/foretag/fine-scandinavia/reportage/one-partn... Offshoring detailsOffshoring location: VietnamOffshored business function: ProductionOffshoring governance mode: In house (in own facilities)Host country geographical area: South East Asia rather than China
