- Hasbro (HAS +0.1%) says it has been diversifying its manufacturing operations since 2012 in an effort to lower "enterprise risk."
- The company has moved some manufacturing out of China to Vietnam, India, Mexico and the U.S.
- "We’re seeing an opportunity that will lead us, by the end of 2020, to be at about 50% or under for the U.S. market coming out of China. We believe by 2023, we should be under a third," says Hasbro CEO Brian Goldner.