Friday, October 10, 2014

Walmart Reshoring Update


Walmart’s role as a driving force is becoming clear, creating a focused business opportunity for many U.S. manufacturers: consumer product companies directly and their industrial suppliers indirectly. Walmart’s reshoring commitment dwarfs that of any other U.S. company. In the 10th year of its program Walmart will be buying $50 billion more U.S. products per year, generating, by our estimate, about 300,000 additional manufacturing jobs (by Boston Consulting Group’s estimate,1,000,000 total jobs). So far, 26 companies have been officially announced in the program, generating 3654 known direct jobs. See chart below for details. 


Walmart U.S. supplier
Product
Jobs added

1
Élan-Polo
Injection-molded footwear in Hazlehurst, GA
250
2
Louis Hornick & Company
Window covering and home textiles in a new facility in Allendale County, SC
125
3
EveryWare Global, Inc.
Producing bakeware, tabletop and household glassware and canning jars in expanded facility
2
4
Mohawk Home
Rugs and mats

5
Kent Bicycles
Bicycles
175
6
Tailor Made Products/Anchor Hocking
Kitchen utensil manufacturer, making a $2 million investment in WI

12
7
Redman & Associates
Will invest $6.5 million to manufacture ride-on toys in a facility in Arkansas

8
Korona Candles
Will invest $18.5 million in Virginia to produce Mainstays Tealight Candles.
170
9
Kayser-Roth
No Nonsense legwear
100
10
Hampton Products
Screen and storm door hardware in Shell Lake, WI
150
11
Element Electronics
New facility in Winnsboro, SC to produce flat screen TVs (1500 figure announced at Summit)
1500
12
Renfro
Legwear and socks in Cleveland, TN, and Fort Payne, AL
195
13
General Electric
Energy efficient soft white bulbs
150
14
Chobani
Invested $450m to open Greek Yogurt plant in Twin Falls, ID

15
1888 Mills LLC
Towels in Griffin, GA, branded “made here” and selling 30% better than non-U.S.-made towels
35
16
Hanna’s Candle Company
Candles in Fayetteville, Arkansas; sales increased to $30m/year
60
17
Trident Case
Mobile device cases in Rancho Cucamonga, California
75
18
Toydozer
a plastic device for scooping up small toys in Pendell, PA

19
Authentic Comfort
Memory foam mattress toppers

20
Richelieu
Socks
200
21
GT Tires
Mentioned at Summit

22
Enor Corp
Plastic Toys
151
23
Arden Companies
Printed Textiles/Soft Goods

24
Creative Things
Plastic Products – dog toys, cell phone covers
104 (64 + 40 future)
25
Pace Industries
Die Casting Solutions for Walmart suppliers

26
American Home Manufacturing
Comforters
200

Total known jobs as of Oct 7, 2014
3654
Source: Reshoring Library, October 2014

* Please note: The Reshoring Initiative does the best it can to have accurate up-to-date data. If you are aware of newer, better data, please send it to us. Thank you. 


To find out more about Walmart's reshoring progress, visit:

Global Cost Structures, Consumer Preferences and TCO Drive Reshoring

Walmart’s U.S. Manufacturing Summit - Just the tip of the iceberg


The not-for-profit Reshoring Initiative is helping actual and potential suppliers determine whether they can profit via U.S. production. We encourage companies to pursue supplying Walmart by going to Jobs in U.S. Manufacturing (JUMP). Call on the Reshoring Initiative and its tools for help understanding the P&L impact of shifting to U.S. production.

2 comments:


  1. Excellent review of this US initiative. I wonder what Asda (UK subsidiary of Walmart) is doing to help the UK picture?

    ReplyDelete
  2. Nice to see things going back this way again, It seems the US is getting back up to pace again. Great post thanks.

    ReplyDelete