A Northumberland firm is among those seeking to bring work back to the region.
Specialist fishing tackle firm Hardy and Greys previously transferred manufacturing operations to South Korea and China to take advantage of lower costs.
However, actions have been taken to repatriate a high value product line to the company’s Alnwick base.
The possibility of non-supply and the implications on the brand and retail outlets played a part in bringing manufacturing back to the North East.
Additionally, the firm said the UK manufacture label would support market penetration in the US. For high end products, and collectors edition reels, the UK label is more attractive.
Hardy’s said it had seen increased demand for UK-made product from its subsidiary in the US and a distributor in Japan.
While competitive costs undoubtedly play a part in the decision to repatriate, other benefits of repatriating to the North East also strengthen the competitiveness of businesses.