Showing posts with label Made In America. Show all posts
Showing posts with label Made In America. Show all posts
Sunday, July 17
Made in America
American manufacturers are increasingly bringing production back to the US to reduce their reliance on global supply chains that proved vulnerable to disruption such as the pandemic.
An overwhelming majority of American companies with production operations in China have already moved some back to the US or plan to do so in the next three years, according to Kearney's 2021 Reshoring Index.
Almost four in five corporations companies have already shifted production to the US and at least 15% are considering it due to high tariffs and ongoing supply chain challenges, Kearney's report shows.
However, imports from low-cost Asian countries to the US still increased last year.
"Reshoring" manufacturing has also been spurred by geopolitical disruption triggered by the Russia-Ukraine war.
General Motors announced in January it would spend $7 billion on four plants in Michigan. Last year it spent almost $40 billion buying parts from some 5,600 US suppliers.
The manufacturer behind Chevrolet, GMC, Cadillac, and Hummer announced its biggest investment to increase its battery cell production to achieve its aim of becoming North America's biggest electric vehicle producer.
GE Appliances is also investing on expanding US production to make products closer to customers and create more American jobs. READ MORE...
Wednesday, December 16
Made In America Is A JOKE...
According to AmericanManufacturing.Org, 70-80% of all products sold by WALMART come from CHINA, leaving only 25% or so to be supplied by AMERICANS...
WHY IS THAT?
Americans DEMAND lower prices and they don't really care where those items come from as long as they are cheap... Unfortunately, the more WALMART sell items to Americans, the more it actually BENEFITS THE CHINESE...
It's nothing personal... just business...
According to MGTRADING.Com, about 21% of all imported goods into America comes from CHINA.... that represents ONE FIFTH of all imports... closer to ONE FOURTH than ever before and that number keeps increasing.
DID YOU KNOW THIS???
China Ocean Shipping Company, Limited, formerly China Ocean Shipping (Group) Corporation, commonly known for its abbreviated name COSCO Group, or simply, COSCO, is a former Chinese Government owned shipping and logistics services supplier company. ... In 2012, it was among China's top 15 brands.
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According to Wikipedia,
A Made in USA mark is a country of origin label that indicates the product is "all or virtually all" made in the United States. The label is regulated by the Federal Trade Commission (FTC).
In general, goods imported into the United States must have a country of origin label unless excepted, but goods manufactured in the United States can be sold with no origin label unless explicitly required. U.S.-made goods that must bear an origin label include automobiles, textiles, wool, and fur products. Any voluntary claims about the amount of U.S. content in other products must comply with the FTC's Made in USA policy.
A Made in USA claim can be expressed (for example, "American-made") or implied. In identifying implied claims, the Commission focuses on the overall impression of the advertising, label, or promotional material. Depending on the context, U.S. symbols or geographic references (for example, U.S. flags, outlines of U.S. maps, or references to U.S. locations of headquarters or factories) may convey a claim of U.S. origin either by themselves or in conjunction with other phrases or images
In general, goods imported into the United States must have a country of origin label unless excepted, but goods manufactured in the United States can be sold with no origin label unless explicitly required. U.S.-made goods that must bear an origin label include automobiles, textiles, wool, and fur products. Any voluntary claims about the amount of U.S. content in other products must comply with the FTC's Made in USA policy.
A Made in USA claim can be expressed (for example, "American-made") or implied. In identifying implied claims, the Commission focuses on the overall impression of the advertising, label, or promotional material. Depending on the context, U.S. symbols or geographic references (for example, U.S. flags, outlines of U.S. maps, or references to U.S. locations of headquarters or factories) may convey a claim of U.S. origin either by themselves or in conjunction with other phrases or images
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