There are many great things to be said for being “Made in the USA”. That does not, however, mean that there's not a great deal of profit to be made when manufacturing overseas.
While the last few decades have seen an upswing in international manufacturing, having items made in China still looks like it could be America's next great gold rush. It's certainly where fortunes will be made and lost; and those who go about the manufacturing partnership process in the most intelligent manner, will also be those who create their fortunes.
Manufacturing in China has all the hallmarks of manufacturing during the heyday of American manufacturing. The plants used for the various processes are top of the line; with a growing number of skilled workers who are able to handle more complex assignments as technology improves and the years progress. At the same time, the factoring companies have tremendous government support and relatively low wages - all important keys to making sure that prices stay low while the quality of goods manufactured stays high. This means that any American company that partners with the right manufacturer, has a real opportunity to maintain lower prices for goods of the same - or better - quality than their domestic peers.
The Made in China stamp on the back of products will soon be a sign that the goods were produced not only inexpensively, but in partnership with savvy American developers. Having the labor process outsourced keeps prices low without sacrificing high-skill American jobs in the process. This truly will be the next great money-making frontier for American businesses; and only those who make the right partnerships today will benefit in the long run. Overseas manufacturing is the future - so do your homework, and be sure not to miss out on this great opportunity.
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