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'Made in America' revival gathers pace
CNN Money ^ | September 24 2013 | Virginia Harrison

Posted on 09/24/2013 7:23:30 AM PDT by Cringing Negativism Network

Edited on 09/24/2013 7:30:41 AM PDT by Admin Moderator. [history]

The 'Made in America' revival is gaining momentum with a majority of manufacturing executives now ready to consider pulling some production back from China.

A new survey published Tuesday showed a big jump in recent months in the number of companies considering "re-shoring" production from China, once favored for its low costs.

Boston Consulting Group said its survey found most large U.S. companies now plan to move some production to America from China, or are "actively considering" the move.

snip


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: america; foreign; trade
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Just saying.

Bring back American manufacturing.

1 posted on 09/24/2013 7:23:30 AM PDT by Cringing Negativism Network
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To: Cringing Negativism Network

It will help us a lot if we all start to buy Made in USA again.


2 posted on 09/24/2013 7:24:47 AM PDT by PATRIOT1876
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To: PATRIOT1876

The jobs went overseas because of the cheap cost of labor.

I would think it would take cheap labor to get manufacturing going again in America.

Is the cost of labor about to become cheap again in America and if so why???????


3 posted on 09/24/2013 7:27:33 AM PDT by Nextrush (BALANCED BUDGET NOW, PRESIDENT SARAH PALIN,CHANGE I BELIEVE IN)
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To: Cringing Negativism Network

Have to admit that I am, for the first time, torn on this issue. I cannot support any American company that grovels before a socialist administration and promotes immorality in society, and will shop overseas companies instead to avoid them. GM and Ford are big ones for me. So are most domestic computer and processor manufacturers.


4 posted on 09/24/2013 7:28:37 AM PDT by fwdude ( You cannot compromise with that which you must defeat.)
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To: Cringing Negativism Network
Three labels frequently deter me from purchasing a particular item:

made in China

made in Mexico

union made

5 posted on 09/24/2013 7:30:03 AM PDT by clintonh8r (Don't twerk me, Bro!)
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To: fwdude

We are more than half-way through this corrupt administration.

STOP BUYING FOREIGN GOODS.

Bring back American goods, jobs and factories.

Now.


6 posted on 09/24/2013 7:30:17 AM PDT by Cringing Negativism Network
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To: Nextrush
Why? Go back to the 92 debates. We have been stagnant for decades while other countries have improved. That was the obvious conclusion from globalization.

If only the trade deficit was 10 trillion we would be all rich! Lol.

7 posted on 09/24/2013 7:31:04 AM PDT by Theoria
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To: Cringing Negativism Network

I have moved all of our metals and plastics back to US suppliers for our company’s production requirements. It just made sense for us.

That being said, my wife and I bought a number of clothing items (t-shirts, 2 pairs of “Texans” jeans, 2 sweatshirts, men’s briefs and socks)from the Made in USA store that Beck advertised a year or two ago.

I have to say that every item we purchased was over priced, ill fitting, made of the cheapest possible material and absolute garbage quality.


8 posted on 09/24/2013 7:32:30 AM PDT by Ribeye (Protective headwear courtesy of Reynolds Aluminum Products- Extra-cranial RF Suppression Division)
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To: Cringing Negativism Network

Many businesses have learned the very harsh lesson that when things get tough, dictatorial regimes in foreign countries looking to shore up their power can and will expropriate everything you’ve ever built there with the stroke of a pen.

Joke will be on them though as that will be the norm here too soon.


9 posted on 09/24/2013 7:34:11 AM PDT by Buckeye McFrog
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To: Cringing Negativism Network

Transportation costs alone will bring a lot of it back. The only wide flat screens made in the USA are being made in Canton Michigan near Detroit. (Element electronics)

Transportation costs were the primary reason. It just wasn’t cost effective to have them shipped here from China. The components are still mostly Chinese made but the company is looking for American suppliers.


10 posted on 09/24/2013 7:35:20 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Cringing Negativism Network

All things being equal I will buy American. I prefer quality products. That being said I will choose the best quality product with price as a secondary consideration regardless of where it is manufactured.


11 posted on 09/24/2013 7:35:44 AM PDT by CodeJockey (Christian, Freeper, Tea Party Member, Bitter Clinger, Creepy White Cracker)
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To: Ribeye

We have played China now, to completion.

That is to say, China is now becoming more powerful than America.

Their trade balance is now the same as our own, some estimates have them exceeding us in trade. And constantly (and quickly) gaining ground.

China has 4-5 times America’s population.

People we need to compete, and we need to do so now.

Stop selling out America. What is more, China does not compete fairly. They require we maintain minority ownership, while they continue to compete against us completely freely.

Enough of that.

Compete. Buy American. Strengthen America.

Now.


12 posted on 09/24/2013 7:37:13 AM PDT by Cringing Negativism Network
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To: Cringing Negativism Network

THE VERMONT STORE is really pushing their “Made in the USA” items. They’re better than most. They’ve got catalogs and an online website, along with emails tempting consumers if that’s your choice.


13 posted on 09/24/2013 7:39:27 AM PDT by grania
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To: Cringing Negativism Network

Reduce the burdens of regulations and taxes. That will go a long way to bringing manufacturing back to the U.S.


14 posted on 09/24/2013 7:44:12 AM PDT by ConjunctionJunction
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To: Nextrush
FWIW, if I buy a top-line clothing item or cloth or leather items, the made in the USA choice is competitive, sometimes cheaper than high-end stuff from China. The shippers and merchandisers are keeping the difference in labor costs for themselves.

What to do? Begin getting really unpleasant about not having made-in-the-USA items. LL Bean is a good place to start. They keep selling foreign crap while trying to boost their good-ol'-USA image. And they're charging enough so they could certainly use USA and Canadian manufacturers instead.

15 posted on 09/24/2013 7:44:38 AM PDT by grania
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To: Nextrush
Here is how to get manufacturing jobs back:

1) Encourage cheap, abundant energy. North America is an energy colossus. Energy is an input for every product and every service. North America has a large comparative advantage in energy.

2) Take away some of the power of unions. Right to work legislation will do this.

3) Eliminate business taxes.

4) Cut the size of government.

5) End the minimum wage.

16 posted on 09/24/2013 7:50:57 AM PDT by Former Proud Canadian (The IRS--a softer Gestapo)
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To: Cringing Negativism Network
America has tied its own hands behind its back with massive corporate taxation, limitless legal vulnerability, crushing environmental regulation and pro-Union Government.

These are the reasons why companies have to locate away from the USA. No-one is 'selling out'. A companies' corporate property is their property, to do with as they see fit.

If a company can't make a profit in America but they can in India or China then why would they stay in America? For the armed raids by the EPA? For the supercilious gouging by Washington?

If an American company manages to make something better, faster or cheaper than someone else, then by all means buy it. Otherwise buy what you need from elsewhere and put the blame squarely on Socialism.

17 posted on 09/24/2013 7:50:59 AM PDT by agere_contra (I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
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To: agere_contra

No.

It is time to buy American.

Just because buying foreign, has been taken to such illogical extremes.

Buy American. Now.


18 posted on 09/24/2013 7:54:00 AM PDT by Cringing Negativism Network
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To: Ribeye

I have moved all of our metals and plastics back to US suppliers for our company’s production requirements. It just made sense for us.


We recently made the same decision. If you really really want get terrifying reality check, trace the tortured chain of custody of the supply chain for goods produced in Asia.

If you buy a Japanese made product, it was likely shipped from a Chinese factory. The Chinese factory subcontracts a large portion of the fabrication and ships the raw materials to Vietnam who then subcontracts manufacturing to to Cambodia and ships some of the raw materials to there, and so on and so forth until the subcontracted components are shipped back to Vietnam and then back to China for shipping to Japan.

Products go through multiple low rent countries with minimal infrastructure and stability.

A lot of Companies offshoring are going to get the stool kicked out from under them and be in a world of hurt if there are any disruptions in stability in the region.

Happy to say we anticipated the current trend toward re building American manufacturing, but the Obama administration is doing everything they can to screw things up


19 posted on 09/24/2013 7:55:23 AM PDT by rdcbn
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To: Cringing Negativism Network

The “costs” of doing business in China are both dynamic and going up. Predicting transportation costs 1-2 years into the future is hard to do nowadays and its critical or items that have a low profit margin. Quality control is an on going challenge to any business anywhere but it is compounded when manufacting is located on the other side of the world. China production is notorious for high quality for the initial run, only to drop off or become questionable as production continues. This is especially true if you are contracting manufacturing work to a Chinese plant that essentially has no ties with the base company. Corporate esponage is a concern as companies in China can disclose secrets to your competitors (for a cost).

If you are not a big player like Wal Mart, expect to have your projects delayed or placed on the back burner. 12 to 18 month waiting times are the norm for test shots to be done on products (typically for high end, low production luxury items). If you are a smaller operator, expect to wait for your products and have no definite or accurate timeline (which is critical if your products are subject to the holiday shopping seasons).

Lastly, American companies have been blind sided by the sudden and unexpected closing of plants of their Chinese partners. It has effected both their product lines and revenues for an entire year (and longer). While plant closings can happen anywhere including the US, its hard the read the financials of a partner company especially if the Chinese government is involved. It is easier to know a partner company’s financials when they are located domestically as opposed to looking through the “Bamboo Curtain”.

In summary, the costs of quality, time, schedule, dependability, transportation, etc. are intangible costs but are huge factors that are influencing this move of production back to the states. The firms doing so probably have horror stories to tell of projects that went wrong over the above listed items.


20 posted on 09/24/2013 8:06:09 AM PDT by TMA62 (Al Sharpton - The North Korea of race relations)
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