This is a display that we have in our Juarez operation. We look forward to adding to our other businesses. It’s a history of Prince business. Our business started in 1965 with a better way to make a die cast machine. More tonnage smaller footprint. That business grew to be approximately 50% of North American […]
About Dean Marsman
Posts by Dean Marsman:
- Company News
- Contract Manufacturing Press Release
- Industry News
In support of our military and the military alliances, we have globally, Erik Prince and Bill Mathews were a part of the 75th anniversary of Normandy this week. They both were a part of a select few to parachute in a demonstration to support the service of so many that fought to support freedom for so […]
In the modern consumer market, it is absolutely essential to improve time to market. The ability to capitalize on an idea requires a streamlined process. From concept to manufacturing to distribution, each stage must be approached strategically to respond to current consumer demands one step ahead of the competition. This, however, is easier said than […]
Recent China tariffs are complicating the US-China trade relationship, causing many to rethink their outsource strategy. But there might be more to the story. The tariffs President Trump has imposed against China and their retaliatory tariffs are making things difficult, but there are indications China has been losing manufacturing prior to this.
With US President Donald Trump’s tariffs going into effect, manufacturing in China is becoming more costly and problematic. Firms looking to remain competitive and to keep production costs low while selling to the US market have real concerns about remaining in China. For some, a new alternative is beginning to look a lot more attractive […]
US President Trump’s tariffs on foreign steel and aluminum imports recently went into effect, leading some to ask what comes next for steel prices. Will the tariffs benefit the average American worker? Or will the new cost of steel inputs hurt American manufacturing jobs? Will steel prices remain stable, rise slightly, or spike? Will the net effect be positive or negative for the US economy?
What is Mexico’s relationship to manufacturing? How affordable is manufacturing in Mexico? And what legal framework governs import/export manufacturing in this Latin American country bordering the world’s largest consumer market? This overview will answer these and other questions, showing how and why Mexico came to be a manufacturing powerhouse and outsource location of choice for many of the world’s most prestigious companies.
The demand for electricity in industrial and consumer applications is growing by leaps and bounds. And the demand for safe and reliable technology to harness electrical power is also growing worldwide. The outlook for the global switchgear business market remains promising in the coming years, and growth is expected in most sectors. Switchgear Business Demand […]
Companies today are faced with a myriad of challenges, one of which is in determining when to outsource a part of the process. Product design is such an important step in delivering quality products that it can be difficult to outsource of this stage. But with bottom lines becoming increasingly tight, companies can’t always afford to keep each phase in house, and knowing when to outsource product design is vital to remaining competitive and profitable.
Companies who outsource their manufacturing typically think of China and other Asian countries. Yet in many cases, contract manufacturing in Mexico makes the most sense, due to labor cost considerations and logistics. There are different modes of outsourcing, but for many, the contract manufacturing option is the most advantageous. This is especially true in view of the convenience and cost efficiency of Mexican production.