First, the board recruited two non-trustee Investment Committee members to help them think if and how they would in-source.

Source: https://www.forbes.com/sites/geristengel/2023/04/10/investing-in-diverse-owned-funds-reaps-returns-for-kresge-foundation/

We expect that the broad actions we have taken to mitigate component shortages, including investments to in-source production and bring additional suppliers online will provide meaningful long-term benefits to Federal Signal.

Source: https://seekingalpha.com/article/4621520-federal-signal-corporation-fss-q2-2023-earnings-call-transcript?source=feed_all_articles