RESHORING CASE

Pole Bicycle Company

Company details
Code: 
Pole Bicycle Company
Company name: 
Pole Bicycle Company
Company country: 
Finland
Sector: 
C - Manufacturing
Sector detail: 
C30 - Manufacture of other transport equipment
Sub-sectors: 
C30.9 - Manufacture of transport equipment n.e.c.
Reshoring details
Reshoring announcement date: 
23/11/2017
Reshored to: 
Finland
Location of affected unit(s): 
Jyväskylä
Location code: 
FI193
Reshored business function: 
Production
Reshoring governance mode: 
In house (in own facilities)
Estimated job gains: 
12
Reasons for reshoring: 
"Made in" effect
Case 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 

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