News & Blog
From Prince Manufacturing
and Contract Fabrication Industry
News & Blog
We are staying up to date with everything that is happening in the contract manufacturing space. On a regular basis, we follow the industry-leading developments and report it here for our customers and readers.
- Company News
- Contract Manufacturing Press Release
- Industry News
Due to more certainty regarding the stock market and tax reform, the aerospace and defense manufacturing outlook appears quite positive for 2018. Last year was a record year with higher defense spending, increased commercial aircraft deliveries, and increasingly large industry transactions. Growth is expected to increase throughout 2018 and beyond. Aerospace & Defense Manufacturing On […]
We are growing! I am very pleased to announce that Damon Bugbee will be joining the Prince Manufacturing team in the General Manager – US Operations position on Monday, March 12th. In this position, Damon will be responsible for leading both the Asheville, NC and Indiana, IN facilities. Damon has a solid background in continuous improvement and […]
RUBEN MIRANDA BONILLA joined Prince Manufacturing in February 2018 as a Sales Representative based out of Monterrey Mexico. Ruben has a unique blend of experience in the manufacturing field. At Ingersoll Rand – Climate & Industrial products, he managed sheet metal fabrication, heavy gauge fabrication, stampings, hard tooling, progressive, wire forming products, metal forming products, vessels, […]
On behalf of Prince Manufacturing, we are very pleased to announce that effective January 29th, 2018, Genoveva (Veva) Sanchez Cruz has joined the company as the Mexico Operations Regional General Manager. In this position, she will have overall responsibility for both the Juarez and Monterrey facilities reporting directly to Iram Chavez, President and CEO. Genoveva […]
The global supply and demand for steel are in constant flux, and steel prices are a reflection of this complex balance. Industrial consumers of steel the world over must keep an eye on global markets and create strategic value-chain relationships to ensure competitive pricing for their raw materials and end products.
Most manufacturing executives will agree that outsourcing production to a foreign country is difficult. But shelter manufacturing simplifies the process for companies and benefits them in ways many executives are unaware of. Let’s explore some of the many benefits afforded to manufacturers who outsource to Mexico via a shelter company.
I am delighted to announce that Amanda Medlock has accepted a Corporate Engineering position leading the engineering programs throughout the Prince Manufacturing global footprint. Amanda joined the Prince Manufacturing team February 2000 as the Engineering Manager. She was promoted to Asheville General Manager position April 2014. Before starting with Prince, Amanda held various engineering positions […]
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 […]
Now that tax reform has become law in the United States, what impact will it have on manufacturers? In the manufacturing industry, all eyes have been on the new tax legislation. The hope was that several positive initiatives would make it into the final bill. Below is a breakdown of the legislation as passed and how it […]
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.
We’re all familiar with the negative statistics about the state of employment and manufacturing in the United States. The consensus is that the US doesn’t manufacture anymore. But this simply isn’t true. US manufacturing is on the rise, and though conservative at present, the number of manufacturing jobs returning to the US is also on the rise.
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.
On occasion, we release press announcements via various press release outlets. For the convenience of our contract manufacturing community, we also publish these press releases here on our website.