Why Italian firms are moving production back home

Jul 05, 2017 1017

BY: Claudia Astarita

Dozens of Italian firms are returning production back home, according to the result of a research by an Italian inter-university research group focused on reshoring strategies. These companies are reshoring production centres that had been outsourced to China or to other countries from the Far East, and among them are well-known brands, such as leather goods brand Piquadro and battery maker FIAMM, which moved back to Italy their production lines already in 2014.

According to Luciano Fratocchi, an associate professor at the University of L’Aquila, who coordinates the research group, “Reshoring manufacturing is a phenomenon which we see happening consistently from the mid-1990s onwards, coinciding with the global economic crisis”.

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SOURCE: http://www.thisisitaly-panorama.com/

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