RESHORING CASE

Neuman Aluminium

Company details
Code: 
Neuman
Company name: 
Neuman Aluminium
Company country: 
Austria
Number of employees: 
2400
Sector: 
C - Manufacturing
Sector detail: 
C25 - Manufacture of fabricated metal products, except machinery and equipment
Reshoring details
Reshoring announcement date: 
01/04/2017
Reshored to: 
Norway
Location of affected unit(s): 
Raufoss
Location code: 
NO022
Reshored business function: 
Production
Reshoring governance mode: 
In house (in own facilities)
Reasons for reshoring: 
Automation of production process
Improvement in efficiency
Know-how in the home country
Case narrative: 

The Neuman Aluminium Group is specialised in the development and the production of high-quality aluminum parts. The group - which is headquartered in Austria and wholly owned by CAG Holding (Austria) - has manufacturing plants in 10 locations within Europe, North America and Asia. The CEO Christopher M. Braathen says that "initially the group considered to move production from China back to a low-cost country in Europe. However, at the end the Austrian owner decided to repatriate production to Norway, due to Norwegian efficiency, extensive use of automation as well as the local expertise available in the industrial cluster of Raufoss (Norway)." Neuman Aluminium has invested about 50 million euros in the new factory.   

 

Sources: 

E24   01 April 2017

Offshoring details
Offshoring location: 
China
Offshored business function: 
Production
Host country geographical area: 
China