Many companies utilize offshore manufacturing to save on labor costs and raw materials.When it comes to fabricatingplastic injection molds, those savings may seem significant!however, offshore manufacturing often comes with many drawbacks such as shipping delays and low product quality.These issues quickly eliminate any cost benefits associated with Chinese injection molds as they often result in the need for reworked parts.
As the COVID-19 pandemic continues to devastate global supply chains, many businesses have begun reshoring their operations.This trend is particularly prevalent in manufacturing, although reshoring rates have started to rise throughout the industrial sector in recent weeks.In fact, the Thomas Industrial Survey for April found that64% of manufacturers are now considering reshoring, compared to only 54% who were thinking about reshoring in March.
American Manufacturing and Products
With Independence day approaching, we wanted to provide some helpful tips to use when looking for American-made products.Below is a guest post from Benjamin Lamm atLabel Land, LLC,an American clothing label company located in NJ.Benjamin is a content specialist, writer, musician, father and husband (not necessarily in that order!)
There is no better time than the Fourth of July to begin a "Buy American-made" tradition.It's starts by checking the labels.Nutrition labels on food tell you what contents are in a product.Country of origin labeling tells you where the contents came from and where they were assembled.With a few exceptions, thegovernmentdoes not require this labeling!however companies are typically proud to display their "Made in the USA" origin.More than ever, American consumers want to purchase products made here and support jobs throughout our country.
Regulatory compliance has become a focus in recent years. Products from other countries, particularly China, face additional scrutiny. From car seats to dog treats, there have been numerous safety problems.
American vs.Overseas Manufacturing
There are many risks when it comes to selecting OEM suppliers.Understanding them is essential to running a successful business. In this article, we'll examine the factors that impact scheduling and time-to-market when using an offshore supplier.
American Manufacturing and Products
Once in a while, you find a video that is so well done, so compelling, that you must share.This video, from American Made Matters is a great example.It will make you think twice about where products are made!knowing that the simple act of buying American-made products can have a profound impact on our economy.It's all about creating jobs.Jobs that are secure and well-paying.Jobs that can help re-build our middle class.
This article written by Adam Robinson, Marketing Manager at Cerasis, originally appeared on the Cerasis blog on March 6, 2015
While US manufacturing has been hit hard by nearly two decades of policy failures that have damaged its international competitiveness, it remains a vital part of the U.S.economy.
The US manufacturing sector employed 12 million workers in 2013, or about 8.8 percent of total US employment.Manufacturing employs a higher share of workers without a college degree than the economy overall.On average, non-college-educated workers in manufacturing made 10.9 percent more than similar workers in the rest of the economy in 2012–2013.
Excerpts from a report by anadvisory council of Team Pennsylvania Foundation
Following the challenges brought by the Great Recession, the manufacturing sector in Pennsylvania is undergoing a renaissance.With gross state product (GSP) now reaching $71 billion, manufacturers in Pennsylvania account for over 12% of the total output in the commonwealth1.Pennsylvania remains the 6th largest manufacturing state in the United States (utilizing GSP as a benchmark).Pennsylvania outranks other historically industrial states including Michigan, Indiana, New York and New Jersey2.Pennsylvania is now producing more products than at any time in its history.For each of the last two years manufacturing employment has increased significantly and in 2011 alone 12,100 new jobs were created3.While employment continues to grow, the sector continues to experience measurable leaps in productivity driven by technology adoption and process innovation.Manufacturing productivity outpaces all other sectors with a staggering 259% increase over the last 40 years4.
With nearly 15,000 manufacturing establishments across the commonwealth, the outlook is bright for continued growth.Pennsylvania firms are building upon a proud heritage in manufacturing and have demonstrated new and creative approaches of integrating innovation into both products and processes.Recognizing the dynamics of the global marketplace, Pennsylvania hosts scores of multinational facilities exporting at record levels around the world accounting for more than 90% of all Pennsylvania exports.