Outsourcing from China – Avoiding this Horror Story
A recent article in Manufacturing News described the outsourcing horror story that has engulfed Fellowes Inc. The large paper shredder manufacturer has suffered a significant loss in China. A Chinese joint venture partner stole Fellowes Inc.’s proprietary assets and forced the operation into bankruptcy. The estimated cost is valued at a $100 million. Now the former Chinese partner is planning on entering the shredder business independently,... Read More
Can Manufacturing Return to the USA?
The need to move USA manufacturing operations to competitive economic climates, has been essential for a Company’s survival. This exodus to a number of foreign countries, mainly to China and Mexico, has had a negative impact on the USA – its economy, median incomes, standards of living. Today, New Balance Inc. is a rather unique exception to the migration trend. For more than twenty years, this successful Boston manufacturer of athletic... Read More