RESHORING CASE

Schaeffler

Company details
Company name: 
Schaeffler Technologies AG & Co. KG
Group name: 
Schaeffler Technologies AG & Co. KG
Company country: 
Germany
Group home country: 
Germany
Number of employees: 
86622
Sector: 
C - Manufacturing
Sector detail: 
C28 - Manufacture of machinery and equipment n.e.c.
Sub-sectors: 
C28.1 - Manufacture of general-purpose machinery
Reshoring details
Reshoring announcement date: 
06/11/2018
Starting implementation date: 
January, 2018
End of Implementation : 
December, 2020
Reshored to: 
Germany
Reshored business function: 
Production
Partial or Total reshoring: 
Partial
Reshoring governance mode: 
In house (in own facilities)
Reasons for reshoring: 
Brexit
Customer vicinity
Firm's global reorganization
Case narrative: 

Schaeffler is a German manufacturer of automotive components. In the next two years, the company will close down two manufacturing facilities in Uk, and will relocalise the production in Germany, USA China and South Korea. The main reasons are the uncertainty connected with the Brexit and the vicinity with the costumers since the 85% of the UK production is exported to the continental Europe. These relocations are part of a bigger reorganization plan in which also the logistics centres in Hereford and Sutton Coldfield will be merged.

Sources: 

Cnn 06/11/2018

Finanz Nachrichten 06/11/ 2018

Sources link: 

https://edition.cnn.com/2018/11/06/business/schaeffler-brexit-uk-jobs/in...

https://www.finanznachrichten.de/nachrichten-2018-11/45199406-schaeffler...

Offshoring details
Offshoring location: 
United Kingdom
Offshored business function: 
Production
Offshoring governance mode: 
In house (in own facilities)
Host country geographical area: 
Western Europe