Company detailsCode: Neuman Company name: Neuman AluminiumCompany country: AustriaNumber of employees: 2400Sector: C - ManufacturingSector detail: C25 - Manufacture of fabricated metal products, except machinery and equipment Reshoring detailsReshoring announcement date: 01/04/2017Reshored to: NorwayLocation of affected unit(s): RaufossLocation code: NO022Reshored business function: ProductionReshoring governance mode: In house (in own facilities)Reasons for reshoring: Automation of production processImprovement in efficiencyKnow-how in the home countryCase 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 Sources link: http://e24.no/naeringsliv/arbeidsliv/10-norske-bedrifter-flagger-hjem-bi... Offshoring detailsOffshoring location: ChinaOffshored business function: ProductionHost country geographical area: China
