Company detailsCode: SiemensCompany name: SiemensCompany country: GermanyNumber of employees: 351000Sector: C - ManufacturingSector detail: C27 - Manufacture of electrical equipmentSub-sectors: C27.9 - Manufacture of other electrical equipment Reshoring detailsReshoring announcement date: 06/02/2017Starting implementation date: June, 2017Reshored to: GermanyLocation of affected unit(s): Cuxhaven Location code: DE932Reshored business function: ProductionPartial or Total reshoring: PartialReshoring governance mode: In house (in own facilities)Estimated job gains: 1000Reasons for reshoring: Implementation of strategies based on product/process innovationKnow-how in the home countryLogistics costsCase narrative: Siemens is a German company. The wind turbine operation of Siemens Group is moved from its factory in Brande, (Denmark) to a factory in Cuxhaven (Germany). Danish knowledge and experience about wind turbines is not enough to saturate the fast-growing industry. The new manufacturing plant is scheduled to begin production in mid-2017 and the company will recruit more than 1,000 employees. The new plant will reduce ground-transport cost of turbine components as it allows large offshore components to be loaded directly onto transport vessels. In this case, reshoring production and concentration of firm competencies releases capacity for Danish manufacturing to produce more on-shore wind turbines in Denmark. Sources: Børsen,06 February 2017 Sources link: http://borsen.dk/nyheder/avisen/artikel/11/162468/artikel.html?hl=YToxOn... Offshoring detailsOffshoring location: DenmarkOffshored business function: ProductionOffshoring governance mode: In house (in own facilities)Offshoring entry mode: Wholly owned