Company detailsCode: MarklinHunCompany name: MarklinCompany country: GermanyNumber of employees: 980Sector: C - ManufacturingSector detail: C32 - Other manufacturingSub-sectors: C32.4 - Manufacture of games and toys Reshoring detailsReshoring announcement date: 24/01/2015Starting implementation date: January, 2015End of Implementation : December, 2015Reshored to: HungaryLocation of affected unit(s): GyörLocation code: HU221Reshored business function: ProductionReshoring governance mode: In house (in own facilities)Reasons for reshoring: Economic crisisFirm's global reorganizationImplementation of strategies based on product/process innovationKnow-how in the home countryCase narrative: Marklin is a German producer of toys, famous for producing locomotive models. In recent years, the company has adopted cost saving strategies, which involved offshoring and relocation to China. However, in 2015 the company invested in a plant in Gyor (Hungary) in order to nearshore production. Sources are not clear regarding the number of new jobs created through the nearshoring. Sources: NWZ, 24 January 2015 KPMG press release, 26 August 2015 Sources link: NWZ, 24 January 2015 KPMG press release, 26 August 2015 Offshoring detailsOffshoring location: China
