Company detailsCode: ProfialisCompany name: ProfialisCompany country: FranceSector: C - ManufacturingSector detail: C22 - Manufacture of rubber and plastic products Reshoring detailsReshoring announcement date: 26/01/2015Starting implementation date: March, 2015Reshored to: FranceLocation of affected unit(s): ClervalLocation code: FR431Reshored business function: ProductionPartial or Total reshoring: TotalReshoring governance mode: In house (in own facilities)Reasons for reshoring: Economic crisisFirm's global reorganizationUntapped production capacityReshoring ERM database code: profialisCase narrative: Profialis announced their intention to close their plant in Oeselgem, Belgium at the beginning of 2015. The company, which was acquired by OpenGate Capital in 2013, is a Belgian- French producer of PVC-frames for windows and doors. As reported on the European Restructuring Monitor, the company announced a collective redundancy of 104 blue-collar workers and 42 white-collar workers along with the closure of the facility in Oeselgem. Management says that the unit has been operating at half capacity due to years of economic downturn and reduced demand in its main markets (Benelux and France). The company has already moved 60% of Belgian production to France in line with the decision to close the Belgian unit and centralise all activities at Clerval, France. It is still unclear whether this decision will trigger the creation of jobs at the Clerval site. Sources: Le Soir, 26/01/2015 Nieuws Blad, 06/03/2015 Sources link: http://www.lesoir.be/768107/article/actualite/fil-info/fil-info-belgique... http://www.nieuwsblad.be/cnt/dmf20150306_01566253 Offshoring detailsOffshoring date: 2009Offshoring location: BelgiumReason for offshoring: Merger and Acquisition