RESHORING CASE

SWEP SL

Company details
Code: 
SWEPSL
Company name: 
SWEP
Company country: 
Sweden
Number of employees: 
800
Sector: 
C - Manufacturing
Sector detail: 
C25 - Manufacture of fabricated metal products, except machinery and equipment
Sub-sectors: 
C25.9.9 - Manufacture of other fabricated metal products n.e.c.
Reshoring details
Reshoring announcement date: 
25/11/2016
Starting implementation date: 
November, 2016
End of Implementation : 
April, 2017
Reshored to: 
Slovakia
Location of affected unit(s): 
Kosice
Location code: 
SK042
Reshored business function: 
Production
Partial or Total reshoring: 
Total
Reshoring governance mode: 
In house (in own facilities)
Reasons for reshoring: 
Firm's global reorganization
Case narrative: 

WEP is a Swedish manufacturer of brazed plate heat exchangers (BPHE). The company has decided to consolidate its activities in Europe. In particular, the production plant in Switzerland's Tentlingen is going to close in order to concentrate production in the other two plants owned by the company in Sweden's Landskron and Slovakia's Kechnec near Kosice. The decision has been taken on 23 November 2016, and the transfer should be completed in the first quarter of 2017.

Sources: 

Cooling post, 25/11/2016

Sources link: 

http://www.coolingpost.com/uk-news/swep-to-close-swiss-plant/

Offshoring details
Offshoring location: 
Switzerland