Growing trend for onshoring as PowerShield takes manufacturing inhouse

Thu, 24 Sep 2015

By Fiona Rotherham Sept. 24 (BusinessDesk) - Kiwi specialist battery monitoring firm PowerShield, whose customers include the likes of Nasa, Microsoft, and Huawei, is entering a joint venture with an experienced local manufacturer where both benefit from cost savings rather than shifting production offshore in response to growing demand. The Auckland-based company will officially open its new Albany factory on Oct.1 and chief executive Len Thomas said he expected to immediately save around 15 to 20 percent on its contract manufacturing bi...

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