Company detailsCode: Pole Bicycle CompanyCompany name: Pole Bicycle CompanyCompany country: FinlandSector: C - ManufacturingSector detail: C30 - Manufacture of other transport equipmentSub-sectors: C30.9 - Manufacture of transport equipment n.e.c. Reshoring detailsReshoring announcement date: 23/11/2017Reshored to: FinlandLocation of affected unit(s): JyväskyläLocation code: FI193Reshored business function: ProductionReshoring governance mode: In house (in own facilities)Estimated job gains: 12Reasons for reshoring: "Made in" effectCase narrative: Pole bicycle company is a Finnish bicycle company. This company has moved production of bicycle frames from Taiwan back to Finland. Until now, the frames and parts have been imported and the bicycles have been assembled in Jyväskylä in Finland. The company's new model named 'Pole Machine' will be produced in Finland. The target of Pole Bicycle Company is to reach a turnover of at least € 20 Million by 2022 (the 2017 turnover was around € 560,000). According to the Chief Operations Officer Lauri Hulkkonen, the company is planning to recruit a dozen new employees in 2018, most of them will be employed to work at the Jyväskylä site. Sources: Keskisuomalainen 23 November 2017 Sources link: https://www.ksml.fi/nakoislehti/ Offshoring detailsOffshoring location: TaiwanOffshored business function: ProductionHost country geographical area: China
