"Schneider Electric, one of the world's largest makers of electrical and automation products, is shifting some manufacturing closer to the U.S. from factories in Asia and Europe as it pushes ahead with a regional manufacturing strategy.
The moves are meant to position the France-based company, which makes goods such as light switches, electric-vehicle chargers, home-automation systems and data-center equipment, to meet growing demand in North America and to compete for federal subsidies aimed at expanding manufacturing in the U.S.
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The company said it has started working with North American suppliers and is encouraging some of its suppliers elsewhere to set up factories in the region as it builds a local supply chain for materials such as nickel and lithium.
The company said it makes more than 80% of the products it sells in the U.S., Mexico and Canada in North America, with the rest made in factories across China, India, Southeast Asia and Europe. It will continue manufacturing in Asia and Europe but aims to have the finished goods go to customers in those regions instead of shipping the products around the world.
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The company is restructuring its supply chain at a time when many businesses are looking to bring manufacturing closer to the U.S. after disruptions, stockouts and shipping delays during the Covid-19 pandemic highlighted the fragility of far-flung supply chains, said Kamala Raman, an analyst at research firm Gartner. Geopolitical tensions between the U.S. and China have also prompted concerns from government and business officials about the national-security risks of manufacturing crucial and highly technical items such as semiconductors overseas”
Trechos retirados do WSJ no artigo "Schneider Electric Expands Its North American Manufacturing"
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