Buy custom Supply chain issues from Canada to China
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| Topic: |
Business
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| Number of pages / Number of words: |
14 / 3755 |
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As of March 15, 2006, Mega Bloks announced that after their acquisition of Rose Art Industries Inc. in July of 2005, they will move their manufacturing to a Rose Art Industries factory in Shenzhen, China, closing all North American production facilities and constructing a new warehouse in Tacoma, Washington...
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The stated purpose of this move is to "leverage combined strengths?.(to) focus on our core competencies?..and to deliver synergies of approximately $7-10 million on an annualized basis ". Mega Bloks has purchased a few product lines, but most importantly purchased an established offshore production facility and established supply chain connecting that facility to the North American market...
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