RESHORING CASE

Ymer Technology

Company details
Company name: 
Ymer Technology AB
Company country: 
Sweden
Number of employees: 
90
Sector: 
C - Manufacturing
Sector detail: 
C28 - Manufacture of machinery and equipment n.e.c.
Sub-sectors: 
C28.2.5 - Manufacture of non-domestic cooling and ventilation equipment
Reshoring details
Reshoring announcement date: 
05/02/2017
Starting implementation date: 
January, 2017
End of Implementation : 
June, 2018
Reshored to: 
Sweden
Location of affected unit(s): 
Ljungby
Location code: 
SE212
Reshored business function: 
Production
Partial or Total reshoring: 
Partial
Reshoring governance mode: 
In house (in own facilities)
Estimated job gains: 
60
Reasons for reshoring: 
Delivery time
Exchange rate risk
Case narrative: 

Ymer Technology is a Swedish company producing cooling systems that offers to large OEM in the industry (e.g. Caterpillar, Atlas Copco, Dynapac). In 2009, it established a manufacturing subsidiary in China to be closer to the Asian customers. In 2017, it decided to relocate the assembling phase of some product lines to its Swedish plant in Ljungby. The reshoring decision will reduce delivery times for European markets from 16 weeks to 2 days. At the same time, the company will reduce its exposure to the exchange risk. The relocation will be concluded by June 2018 after investing around 40 million SEK. The company announced the hiring of 50/60 unskilled employees, since assembling operations do not require any specific skill. 

Sources: 

Metal supply 05/02/2017

Smalandsposten 05/02/2017

Dagens Industri 03/10/2017

Offshoring details
Offshoring date: 
2009
Offshoring location: 
China
Offshored business function: 
Production
Offshoring governance mode: 
In house (in own facilities)
Reason for offshoring: 
Proximity to customers
Host country geographical area: 
China