Company detailsCode: Krys GroupCompany name: Krys GroupCompany country: FranceNumber of employees: 400Sector: C - ManufacturingSector detail: C14 - Manufacture of wearing apparel Reshoring detailsReshoring announcement date: 08/11/2016Starting implementation date: January, 2012End of Implementation : November, 2016Reshored to: FranceLocation of affected unit(s): BazainvilleLocation code: FR103Reshored business function: ProductionPartial or Total reshoring: PartialReshoring governance mode: In house (in own facilities)Estimated job gains: 60Reasons for reshoring: "Made in" effectAutomation of production processGovernment support to relocationCase narrative: Krys Group is an French leader in optics that is continuously investing in French production. In November 2016, the company has completed a 8mln€ investment in its glass production site in Bazainville (France). The investment has been supported through the help of BPI France for 2mln€ and through tax credit for competitive employment for 1,2mln€. The backshoring process from Asia started in 2012 when floods in Thailand blocked the local production. On that occasion, Krys relocated to Yvelines (France) the production of about 250.000 lenses investing 1mln€ in automation. During these years Krys Group invested 12mln€, half of which in purchase of machinery. To date, the company has obtained 8 million euros of public subsidies. The made in effect of relocation back to France has added value to Krys' products. Sources: Le Monde, 08/11/2016 Sources link: http://www.lemonde.fr/economie/article/2016/11/08/l-opticien-krys-joue-l... Offshoring detailsOffshoring location: ThailandHost country geographical area: South East Asia rather than China