Company detailsCompany name: Ymer Technology ABCompany country: SwedenNumber of employees: 90Sector: C - ManufacturingSector detail: C28 - Manufacture of machinery and equipment n.e.c.Sub-sectors: C28.2.5 - Manufacture of non-domestic cooling and ventilation equipment Reshoring detailsReshoring announcement date: 05/02/2017Starting implementation date: January, 2017End of Implementation : June, 2018Reshored to: SwedenLocation of affected unit(s): LjungbyLocation code: SE212Reshored business function: ProductionPartial or Total reshoring: PartialReshoring governance mode: In house (in own facilities)Estimated job gains: 60Reasons for reshoring: Delivery timeExchange rate riskCase 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 Sources link: https://www.metal-supply.se/article/view/312279/flyttar_produktion_fran_... http://www.smp.se/almhult/flyttar-fran-kina-100-nya-jobb-till-ljungby/ https://www.ymer.com/wp-content/uploads/2017/11/DI-3-okt-2017.pdf Offshoring detailsOffshoring date: 2009Offshoring location: ChinaOffshored business function: ProductionOffshoring governance mode: In house (in own facilities)Reason for offshoring: Proximity to customersHost country geographical area: China
