Tag Archives: manufacturers

The Evolving Impact of Trade Policy on Manufacturing

Posted on February 13th, 2019
trade policy manufacturing

Political maneuvering and warring factions on both sides of the aisle in Washington DC have left manufacturers wondering what might be next when considering the possible impacts on trade policy for the industry. In early Dec. 2018, President Trump further heightened uncertainty around trade policy with an announcement that the U.S. intended to withdraw from the North American Free Trade Agreement (NAFTA). Trump delivered the announcement to reporters on Air Force One saying he would notify NAFTA partners, Canada and Mexico, of his intention to withdraw in six months, mid-2019, according to an article in Politico. The consideration of such a move is sounding alarm bells and raising questions of constitutional authority, causing many to ask if such a move interferes with Congress’s constitutional authority to set tariffs and “regulate commerce with foreign nations,” according to the Politico report. Being…

Turn the Tables of Manufacturing in 2017

Posted on January 5th, 2017
reshoring trends

The number of opportunities in the manufacturing community is growing while they are also generating diverse amounts of potential for innovation. On the other hand, the industry has also seen its fair share of downgrading. It is no surprise that adaptation and awareness of trends in our industry may hold the key to overcoming new economic challenges. After rounding out 2016, we have new insights on current trends that are expected to rise throughout the next few years. Service: the new product Product manufacturers are starting to add service as a part of their total product package. This has already been seen the auto industry with authorized dealerships handling any local service required. These are known as service bundles and extend to other products. Installation or upgrade package can also be included by the manufacturer to provide customers with that…